Revocation of the Antidumping Duty Gpo Form

Instructions and help about Revocation Of The Antidumping Duty Gpo

In order to understand why Antidumping and Countervailing duties are applied to certain goods imported into the United States, we must begin with understanding what they are. First, let's quickly define what is considered "dumping". Dumping occurs when a foreign manufacturer sells goods in the United States at less than fair market value causing injury to the U.S. industry manufacturing those goods. This dumping can be because the foreign manufacturer is selling the goods in the United States at a price lower than they would sell it in their home country or the goods are being sold in the U.S at a price that is lower than it costs to produce it. In the typical market conditions, there is a balance in the U.S economy between goods produced or manufactured on U.S. soil and commodities imported from foreign suppliers. This scenario results  in the U.S. suppliers staying in business with a healthy amount of importing  to support the demand of consumers. However, if a foreign count