On Thursday, May 17th, the United States announced that it will impose anti dumping tariffs of more than 31 percent on solar panels from China. This decision, likely to ratchet up the trade tensions between the US and China, is the result of the US Department of Commerce finding several Chinese solar panel companies guilty of dumping their goods (selling them at below fair-market value).

The Importance of These Duties to Supply Chain Managers

The terms “countervailing” and “anti-dumping duties” are often used together without necessarily distinguishing the two — in fact they are often abbreviated as ADD/CVD. What are these duties, and why are they important to supply chain managers?