Anti Dumping Law Essay

Words: 1419
Pages: 6

United States antidumping law

The duty rates in the United States have declined in quite a number of years now since the 1960’s and the American industries have worked hard into the implementation of antidumping duties (Brown 698). The main purpose of this antidumping duty is to reduce the harm facing the domestic companies by the sale of other foreign products into the country with a less value than its normal rates. In order to pass the antidumping duty, the manufacturers or the industries in the United States should file a to impose the antidumping duty explains how the product injures the economy and the industries of the united state at large (Brown 698). This is conducted by the US Department of commerce while its injury determination
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All this injures the industrial economy of the united state of America. All this are making the small-scale and private manufacturers to drop out of business hence leading to the rapid increase of inflation due to the loss made by the furniture industries in the country this has lead to a high cost of living especially the people depending on furniture making to earn their daily bread because most of them have been rendered jobless due to this dumping of furniture. We have high competition for survival between the domestic furniture industries and the foreign companies (Watson 14). The best solution is that the government to impose the antidumping law so that it reduces the overdependence rate on the imported products and have people buy the locally made products hence having a utilization of a quite a fair market value, by all this the domestic industries will have more profits and this will automatically lead to an increase in the national