When the U.S. delegation at the first meeting of the Doha Round agreed to include antidumping procedures on the agenda for further negotiation, many members of the U.S. Congress criticized the U.S. negotiators, claiming that the U.S. should not ever limit its ability to impose antidumping duties as it deems appropriate. Why would U.S. politicians want to maintain the arbitrary and discriminatory antidumping procedures that increasingly have been used to restrict U.S. imports?
If a company exports a product at a price lower than the price it normally charges on its own home market, it is said to be "dumping" the product. Opinions differ as to whether or not this is unfair competition, but many governments take action against dumping in order to ...
The expert examines the round table meeting of Doha on international trade.