Antidumping and Countervailing Duties

What are Anti-dumping and Countervailing Duties? Domestic U.S. industries have the right to petition with the U.S. government for relief from imports of products that they believe to be dumped (imported at less than “fair value”) and/or benefiting from foreign government subsidies.  The U.S. government has the ability to impose Anti-dumping and/or Countervailing duties respectively…