brooklyn asked:
i am doing a project on candles and saw an article about china importing cheaper candles at lower price and the antidumping law slapped them with a 108% tax
i am doing a project on candles and saw an article about china importing cheaper candles at lower price and the antidumping law slapped them with a 108% tax
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Is when a country, to promote its exports, give rebates to the exporters to allow them to sell below their own local prices.(exporter country)
It is considered unlawful competition, and countries have laws against that.
China did that to protect its own candle producers.
Comment by oldmarketeer — July 6, 2006 @ 11:08 pm