Countervailing Duties (CVDs)
Real Life Example The U.S. has imposed significant CVD on Indian seafood exports, particularly frozen shrimp, which could indirectly impact cuttlefish exports. The increased duties pose challenges for Indian exporters, potentially affecting their competitiveness in the U.S. market. Definition Countervailing Duties (CVDs) are tariffs imposed by a an importing country on goods that enter into … Read more