antidumping tariff

A tariff equaling the difference between the price at which the product is sold in the exporting country and the price at which the importer will sell the product in the importing country.

• These tariffs are designed to prevent foreign businesses from artificially lowering their prices and gaining unfair advantages outside their home market. See ANTIDUMPING LAW. [Cases: Customs Duties 21.5. C.J.S. Customs Duties §§ 135–152.]

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