word

countervailing duty

KOWN-ter-vay-ling DYOO-tee

ˈkaʊntərˌveɪlɪŋ ˈdjuːti

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Syllable breakdown

countervailingduty

Dictionary meaning

customs duty imposed to offset the competitive advantage gained by foreign goods that benefit from government subsidies in their country of origin; designed to level the playing field for domestic producers who do not receive similar subsidies

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