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Simple English definitions for legal terms

countervailing duty

Read a random definition: nonissuable plea

A quick definition of countervailing duty:

A countervailing duty is a tax imposed on manufacturers of imported goods to protect domestic industry by offsetting subsidies given by foreign governments to those manufacturers. It is a way for the government to make sure that foreign companies are not unfairly competing with domestic companies.

A more thorough explanation:

Definition: A tax imposed on manufacturers of imported goods to protect domestic industry by offsetting subsidies given by foreign governments to those manufacturers.

Example: If a foreign government provides subsidies to its steel manufacturers, making it cheaper for them to produce steel, the U.S. government may impose a countervailing duty on imported steel from that country to level the playing field for domestic steel manufacturers.

Explanation: The countervailing duty is a measure taken by the government to protect domestic industries from unfair competition due to foreign subsidies. In the example given, the U.S. government imposes a countervailing duty on imported steel to offset the advantage given to foreign steel manufacturers by their government's subsidies. This makes it more expensive for foreign steel to enter the U.S. market, giving domestic steel manufacturers a chance to compete.

countervailable subsidy | countervailing equity

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Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
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