Cement Shoes for Consumers: A Look at Anti-Dumping Laws
Dry cleaning machines from Germany. Kiwi fruit from New Zealand. Electric golf carts from Poland. These are just some of the everyday products that cost more than they should, thanks to U.S. anti-dumping laws. Anti-dumping laws are tools used in international trade by the United States (and other countries) which place a tax on imports to punish foreign producers for allegedly"under-pricing" their products in the United States. Typically, calls for anti-dumping taxes come from domestic companies that do not want to compete against their foreign counterparts.