The worldwide spread of antidumping protection

From: Chicago Fed Letter | Date: January 1, 2004| Author: | Copyright information

In recent years, the use of antidumping duties has been growing around the world. What caused the explosion in the use of a once-obscure trade remedy?

Beginning in 1980, the use of antidumping duties-special import tariffs that are used to raise the price of "dumped" goods-came to be a common practice in conducting trade policy among the U.S., the European Union (EU), Canada, and Australia. While only a handful of antidumping cases were initiated worldwide in the 1950s, 1960s, and 1970s, more than 1,600 cases were filed during the 1980s. Of these, the vast majority were filed by the ...

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