Anti-Dumping and Countervailing Duties

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Antidumping duties are special duties imposed upon importers of specific commodities from certain countries when the U.S. Department of Commerce feels that such importation may be harmful to domestic producers of these goods. Because of the involvement of other government agencies to determine these duties, such as the Department of Commerce, the entry liquidation period may be extended, therefore extending the surety’s liability.

Countervailing duties are special duties imposed upon importers of specific commodities when the United States feels that the exporting country has provided financial assistance to the company producing or exporting the commodity. This can threaten the domestic market and countervailing duties are assigned to the product to negate the effects. Because of the involvement of other government agencies to determine these duties, such as the Department of Commerce, the entry liquidation period may be extended, therefore extending the surety’s liability.