Within the last three years, the finance ministry has imposed 46 anti-dumping duties, with a striking 60 percent specifically targeting goods originating from China.
Dumping constitutes an unfair trade tactic whereby goods are exported from one nation to another at prices lower than their domestic market value. To counteract this practice, anti-dumping duty is imposed on imported goods suspected of being sold below their fair market value in the exporting country. This measure aims to safeguard domestic enterprises in the importing nation from what is perceived as unfair competition.