Anti Dumping Agreement Adalah

In June 2015, U.S. steel companies United States Steel Corp., Nucor Corp., Steel Dynamics Inc., ArcelorMittal USA, AK Steel Corp. and California Steel Industries, Inc. filed a complaint with the U.S. Department of Commerce and ITC. In his complaint, several countries, including China, launched steel into the U.S. market and kept prices unfairly low. According to paragraph 2 of the anti-dumping agreement, domestic sales of the similar product are sufficient to support the normal value if they represent 5% or more of the sales of the product concerned in the importing country`s market. This is often referred to as a 5% test or a “home market profitability test.” This test is applied globally by comparing the volume of sales in the domestic market with that sold in the import market. 6.12 The authorities offer industrial users of the product under investigation and representative consumer organizations the opportunity to provide information useful to the investigation of dumping, harm and causation in cases where the product is usually sold at the retail level.

While anti-dumping duties are aimed at saving jobs in the country, these duties can also lead to higher prices for domestic consumers. And in the long run, anti-dumping duties can reduce international competition from domestic companies producing similar products. An anti-dumping measure applies only in the circumstances of Article VI of the GATT of 1994 and as a result of investigations opened (1) and conducted in accordance with the provisions of this agreement. The following provisions govern the application of Article VI of the 1994 GATT, to the extent that measures are taken within the framework of anti-dumping provisions or regulations. The European Union`s Common Agricultural Policy has often been accused of dumping under the agricultural agreement during the GATT negotiations in Uruguay in 1992 and in successive reforms, in particular the 2003 Luxembourg Agreement. The CAP originally sought to increase European agricultural production and support European farmers through a market intervention process, in which a special fund, the European Agricultural Guidance and Guarantee Fund, would buy surplus agricultural products if the price falls below the centralised intervention level. When a company exports a product at a lower price than it normally charges in its own domestic market or sells at a price that does not meet its total cost of production, the product is called dumping. It is one of the various forms of price discrimination and is considered third-degree price discrimination. Opinions differ as to whether or not such a practice constitutes unfair competition, but many governments are fighting dumping to protect domestic industry.

[3] The WTO agreement is not being tried. It focuses on how governments may or may not respond to dumping – it disciplines anti-dumping measures, and it is often referred to as the “anti-dumping agreement.” (The focus is solely on the response to dumping, contrary to the agreement`s approach on subsidies and countervailing measures. After verification, a year later, the United States