What are anti-dumping duties? Duties imposed against goods from foreign countries that are sold significantly lower in their country of origin or comparable third country markets – destroying the U.S. market for that product in the process.
For example: Company X, an exporter from China is selling massive quantities of iPod’s to U.S. resellers for the wholesale price of $50 a piece when the average price for an iPod sold at wholesale price in China is $200 a piece.
So what? A great deal is just that, a great deal, who determines whether it reaches the level of anti-dumping.
How do these agencies find out about the potential anti-dumping? Generally, the agencies are prompted to investigate after receiving word from a business harmed by the influx of cheap goods (e.g., your competitors!)
