Provisional anti-dumping duties
Provisional anti-dumping duties: duties or charges imposed once it becomes evident that there is a prima facie case of dumping. The WTO rules on anti-dumping measures permit governments to impose provisional anti-dumping duties under three conditions. These are (a) a proper investigation has been initiated, (b) a preliminary affirmative determination has been made of dumping and consequent injury to domestic industry, and (c) the authorities deem them necessary to prevent injury being caused during the investigation period. Provisional anti- dumping duties may not exceed the provisionally estimated margin of dumping. The WTO rules stress, however, that asking for a cash or bond security would be preferable. In principle, provisional anti-dumping duties should be imposed for no longer than four months, though this may be extended to up to nine months in some circumstances.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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