The Antidumping Epidemic:
Causes, Victims, Implications, and Potential Solutions
POLICY FORUMTuesday, October 30, 2001
3:00 p.m.
Featuring Thomas Prusa, Professor of Economics, Rutgers University; James Sumner, President, USA Poultry and Egg Export Council; Chuck Lambert, Economist, National Cattlemen's Beef Association; Zygmunt Jablonski, Senior Counsel Law Department, Georgia-Pacific Corporation; Brink Lindsey, Director of Trade Policy Studies, Cato Institute.
The Cato Institute
1000 Massachusetts Avenue, NW
Washington, DC 20001
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The U.S. antidumping law has long been a favored tool of U.S. industries seeking to quell foreign competition. Despite significant welfare losses precipitated by antidumping measures, the law has been deemed a sacred cow, off-limits to revision and even discussion in any future trade agreements. This myopic perspective undermines prospects for further trade liberalization and ignores an important new reality: antidumping laws are proliferating rapidly throughout the world, closing or limiting markets to U.S. exporters and threatening to reverse gains achieved through years of market access liberalization.