Issues
Enforcing the Rules
Strong Trade Laws as the Foundation of a
Sound American Trade Policy
Authors: Greg Mastel, Andrew Szamosszegi,
John Magnus and Lawrence Chimerine
May 2007
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Enforcing the Rules is a first-of-its-kind analysis, looking across 10 different industries — from steel and shrimp to furniture, cement, and raspberries — at the overwhelming economic benefit of enforcing U.S. trade laws.
When an importer is allowed to dump their product — to sell at less than the cost of production or below the price in their home market — or when they receive a subsidy to offset production costs, they undercut American producers. Anti-dumping and countervailing-duty (AD-CVD) laws can impose duties on imports from other countries to combat the impact of these predatory trade practices.
AD-CVD laws are the backbone of U.S. international trade policy. And while some critics say these laws are a modern form of protectionism, the reality is that dumping and subsidies cause serious damage to the U.S. economy, free markets, and to the world trading system. In fact, in many cases, these laws are the only reason that individual companies, farms, and even whole industries have been able to continue to produce in the U.S.
Complimenting the book, a companion video goes on location with workers in the shrimp, furniture, and steel industries. It offers a firsthand look at the consequences of dumped and/or subsidized imports and the benefits of AD-CVD laws when they’re enforced to protect American producers and workers.
Enforcing the Rules: click here for the press release.
Enforcing the Rules (Video)
Enforcing the Rules (book by chapters):
- Cover
- Table of Contents
- Executive Summary
- Chapter 1 - Introduction
- Chapter 2 - Countering Market Distortions
- Chapter 3 - Impact of Anti-Dumping and Countervailing Duty (AD-CVD) Laws on the U.S. Economy
- Chapter 4 - A Model to Evaluate the Economic Costs and Benefits of Dumping and Subsidies
- Chapter 5 - Case Studies
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Case #1 - Warmwater Shrimp.
Case #2 - Crawfish Tail Meat from China
Case #3 - Garlic from China
Case #4 - Honey from Argentina and China
Case #5 - Individually Quick Frozen Red Raspberries from Chile
Case #6 - Gray Portland Cement and Cement Clinker from Japan and Mexico
Case #7 - Wooden Bedroom Furniture from China
Case #8 - Hot-Rolled Flat-Rolled Carbon-Quality Steel Products from Brazil, Japan and Russia
Case #9 - Ball Bearings from France, Germany, Japan, Italy, Romania, Singapore, Sweden and the United Kingdom
Case #10 - Softwood Lumber from Canada
. - About the Authors
