Third Antidumping Case of 2006 Filed; Cato Institute Issues Analysis of Reasons for Decline in Antidumping Cases
Sunkist Growers, Inc. recently filed an antidumping petition on Lemon Juice from Argentina and Mexico. This case is only the third antidumping case filed by U.S. industry in 2006.
The Cato Institute's Center for Free Trade Policy Studies recently published a policy bulletin entitled "All Quiet on the Antidumping Front? Take a Closer Look" analyzing the reasons for the decrease numbers of antidumping cases in the U.S. and around the world. The bulletin notes the following reasons for the decline in the number of antidumping cases filed in the U.S.:
- The U.S. economy has been growing steadily since the recession of 2001. In a healthy economic environment, it is more difficult to make the case that a domestic industry is materially injured—one of the technical requirements of winning antidumping protection.
- The U.S. steel industry, which has accounted for the preponderance of antidumping activity in the past, is arguably healthier than it has ever been.
- The appeal of the U.S. market to foreign steel producers has decreased as demand in developing countries has created large alternative markets for steel.
- As globalization has progressed, foreign direct investment has flourished and supply chains have gone international.
Labels: Antidumping
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