Antidumping Trade law or game law
Title: Antidumping Trade law or game law
Category: /Law & Government/Law Issues
Details: Words: 9933 | Pages: 36 (approximately 235 words/page)
Antidumping Trade law or game law
Category: /Law & Government/Law Issues
Details: Words: 9933 | Pages: 36 (approximately 235 words/page)
Antidumping :Trade law or game law ? 2 April 2004
By the time a "brave new world for traders" was ushered in 1995 the antidumping had emerged as the "prima donna" of trade remedies permissible under the General Agreement on Tariffs and Trade (GATT). (1)
During the Uruguay Round (1986-1994) while the governments were busy broadening the scope of GATT trade laws to cover services, investment, intellectual property, to strengthen the traditional GATT disciplines, and set up a World Trade
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the US administration introduced trigger-price-mechanism which ensured automatic instituion of antidumping proceedings and imposition of antidumping duties on sales below the "trigger price".(43)
In terms of relief granted the petioners were disappointed. The affirmative actions were limited and the actual relief granted by the President even more so.Congress never voted to override the President with respect to these denials. The steel industry believed that Trgger-price -mechanism (TPM) was not deterring substantial dumping, particularly th