What does Anti-dumping Duties mean?
Anti-dumping duties are customs duties imposed on imports from specific countries in addition to the normal or preferential duty. These duties are usually introduced where the export price of a product is below the normal value in the producer’s own country.
The anti-dumping duties are protectionist tariff against imported products, provided such imports cause or threaten to cause material injury to community producers of like products. It is one of the means the national government undertake to safeguard local market from foreign products.