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Simple English definitions for legal terms

antidumping tariff

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A quick definition of antidumping tariff:

Antidumping tariff: An antidumping tariff is a tax imposed on imported goods that are sold at a lower price than their fair market value. This is done to protect domestic industries from unfair competition and to prevent foreign companies from flooding the market with cheap goods. The purpose of an antidumping tariff is to level the playing field and ensure that all companies are competing on an equal footing.

A more thorough explanation:

Definition: An antidumping tariff is a tax imposed by a government on imported goods that are sold at a lower price than their fair market value. This is done to protect domestic industries from unfair competition and to prevent foreign companies from flooding the market with cheap goods.

Example: Let's say that a foreign company is selling steel in the United States at a price that is much lower than what American steel companies are charging. This could be because the foreign company is receiving subsidies from its government, or because it is selling steel below cost in order to drive American companies out of business. To level the playing field, the U.S. government might impose an antidumping tariff on the imported steel, making it more expensive for the foreign company to sell its product in the U.S.

Explanation: The example illustrates how an antidumping tariff can be used to protect domestic industries from unfair competition. By imposing a tax on imported goods that are being sold at an artificially low price, the government can help to ensure that domestic companies are able to compete on a level playing field. This can help to preserve jobs and prevent foreign companies from dominating the market.

antidumping law | anti-evolution statute

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ok thanks! appreciate the insight
omelette
15:24
sometimes theres an option in the portal to directly upload it but for the ones who dont then email
goofy-goober
15:36
I just wanna see my results man, waiting is so painful :~(
any word on scalia or any school lol
oakenrays
15:52
scalia is dead fortunately
oakenrays
15:52
law schools are coming out slowly but surely
HopefullyInLawSchool
16:03
@UnderRepresentedTryhard: Yes only for YM applicants tho
RoaldDahl
16:05
dodged the mich r wave what does this mean
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
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