In a recent Harvard International Law Journal article, law prof Mark Wu argues that now is the time for the U.S. and EU to start reining in anti-dumping:
For the United States and EU, if the current rules remain unchanged, then one day in the not-too-distant future, the net advantage that they currently enjoy will disappear. Therefore, while India and China still remain supportive of the notion of antidumping reform, the United States and EU should work to reshape the rules governing the imposition of antidumping sanctions. Rather than blocking reform efforts, as they have done, the United States and EU should be actively championing proposals in the Doha Round negotiations that will make it more difficult to enact antidumping duties for protectionist purposes. In other words, the United States and EU should be dismantling the permissive legal standard that they helped put inplace. If they do not, they risk the danger that the standard will soon come to serve other countries’ protectionist interests more than their own.
