Countervailing duty (抵销税)

Synonyms:
anti-subsidy duty; 反贴补贴

Countervailing duty (反补贴税 fǎn bǔ tiē shuì) is a type of trade import duty approved by the World Trade Organization in order to harmonize the adverse impacts of subsidies.

Part 1: Breakdown of Words

  • “Counter” means “” (fǎn) or “” (nì) in Chinese, as in “counterattack” (反击 fǎn jī), or “countercyclical” (逆周期 nì zhōu qī).
  • 补贴” (bǔ tiē) means “subsidy” in Chinese. “补贴” (bǔ tiē) as in “subsidy funds” (补贴资金 bǔ tiē zī jīn).
    • ” (bǔ) as in “supply” (补给 bǔ jǐ), “complement” (补充 bǔ chōng), or “compensation” (补偿 bǔ cháng).
    • ” (tiē) as in “allowance” (津贴 jīn tiē), or “paste” (粘贴 niān tiē).
  • “Duty” ( shuì) as in “duty-free shop” (免税店 miǎn shuì diàn), or “import duty” (进口税 jìn kǒu shuì).

 

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