What is another word for countervailing duties?
Pronunciation: [kˈa͡ʊntəvˌe͡ɪlɪŋ djˈuːtɪz] (IPA) 
Countervailing duties are a form of protectionist trade policy. They are tariffs placed on imported goods to offset subsidies or other forms of government support given to foreign producers. Synonyms for countervailing duties include anti-dumping duties, retaliatory tariffs, and offsetting tariffs. Anti-dumping duties are levied on imported goods that are being sold at prices lower than the fair market value. Retaliatory tariffs are imposed in response to another country's trade policies that harm one's own country's economy. Offsetting tariffs are levied to counteract subsidies given to foreign producers, decreasing the competitiveness of domestic producers. Regardless of the term used, countervailing duties are a way of leveling the playing field in an unfair trade environment.
