WTO Agreement on Anti-Dumping

The WTO Agreement on Anti-Dumping sets rules to prevent countries from selling goods in other nations at unfairly low prices, which can harm local industries. If a country believes dumping is happening, it can investigate and impose additional taxes (dumping duties) to offset the price difference. The agreement ensures these measures are transparent, fair, and based on proper evidence, balancing the need to protect domestic industries with free trade principles. It aims to prevent misuse of anti-dumping actions while allowing legitimate protection against harmful dumping practices.