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U.S. Antidumping Regulations and American Jobs

Many of the resources Americans use to produce goods are imported. In fact, almost half of the materials imported to the United States are used in American manufacturing. When foreign materials flood the US market, pushing out domestic competitors, this is called “dumping”. Dumping laws are meant to protect American jobs by enforcing the manufacture of products in America. However, often times these anti-dumping laws force US manufactures to pay double or triple for their materials that they would otherwise get at a very low cost from foreign countries. This encourages US manufactures to move offshore to remain competitive in the industry and ultimately costs Americans hundreds to thousands of jobs. While the anti-dumping laws are set to protect American’s, the results in fact end up deterring the job market in the long run.

Check out this video that explains the process clearly:

SOURCE: CATO

Mark Spirek