Dumping, in economics, is a kind of injuring pricing, especially in the context of international trade. It occurs when manufacturers export a product to another country at a price below the normal price with an injuring effect. The objective of dumping is to increase market share in a foreign market by driving out competition and thereby create a monopoly situation where the exporter will be able to unilaterally dictate price and quality of the product. Trade treaties might include mechanisms to alleviate problems related to dumping, such as countervailing duty penalties and anti-dumping statutes.
The Canada–U.S. softwood lumber dispute is one of the largest and most enduring trade disputes between both nations. This conflict arose in 1982 and its effects are still seen today. British Columbia, the major Canadian exporter of softwood lumber to the United States, was most affected, reporting losses of 9,494 direct and indirect jobs between 2004 and 2009.
The United States International Trade Commission is an agency of the United States federal government that advises the legislative and executive branches on matters of trade. It is an independent, bipartisan entity that analyzes trade issues such as tariffs and competitiveness and publishes reports. As a quasi-judicial entity, the USITC investigates the impact of imports on U.S. industries, and directs actions against unfair trade practices, such as subsidies; dumping; and intellectual property infringement, including copyright infringement.
Michael "Mike" V. Ciresi is a prominent trial attorney and was a Democratic-Farmer-Labor Party candidate for the United States Senate from Minnesota. He dropped out on March 10, 2008. Ciresi gained his public reputation by litigating several high-profile mass tort cases. Ciresi is the former Chairman of the Executive Board of the Minneapolis firm Robins, Kaplan, Miller & Ciresi LLP, a 250-lawyer firm he joined in 1971. He left in 2015 to form his own firm.
Motorola Solutions, Inc. is an American video equipment, telecommunications equipment, software, systems and services provider that succeeded Motorola, Inc., following the spinoff of the mobile phone division into Motorola Mobility in 2011. The company is headquartered in Chicago, Illinois.
Hughes Hubbard & Reed LLP (a.k.a. "Hughes Hubbard" or "HHR") is a multinational law firm headquartered in New York City with offices in the United States, France, and Japan.
George Allan Davidson is an attorney and the former head of the Litigation Department of the New York law firm Hughes Hubbard & Reed, having taking the position of Of Counsel upon retirement. He currently serves as an arbitrator in domestic and international cases.
Jennifer Anne Hillman is a professor of practice at Georgetown University Law Center. As of 2016 she was working on trade litigation for Cassidy Kent.
Edmund Walter Sim is an international trade attorney and regular editorial contributor to the Singapore Straits Times and OpinionAsia on trade and diplomacy in ASEAN., as well as editing the ASEAN Economic Community blog A partner at Appleton Luff, he has participated in over 180 trade remedy proceedings in both traditional jurisdictions such as the U.S., EU, Canada and Australia, as well as non-traditional jurisdictions such as Korea, China, Turkey, Indonesia, South Africa, India, Russia, the Philippines, Malaysia, Thailand and Singapore. Sim has provided assistance to government trade ministries in Asia. Sim has participated in dispute resolution proceedings under the World Trade Organization, General Agreement on Tariffs and Trade, the North American Free Trade Agreement and the U.S.-Canada Free Trade Agreement. Sim represented companies in dealing with the economic integration of the ASEAN economies through the ASEAN Free Trade Agreement and other programs and teaches a course on this subject at the National University of Singapore law school.
Shara L. Aranoff was the Chairman of the U.S. International Trade Commission from 2005 to 2014. Aranoff was nominated to the Commission by President George W. Bush on April 27, 2005 for the term ending December 16, 2012. Her nomination was confirmed by the U.S. Senate on July 29, 2005, and she was sworn in as a member of the Commission on September 6, 2005. President Bush designated her Vice Chairman of the ITC for the term June 17, 2006 through June 16, 2008. He subsequently named her Chairman for the term June 17, 2008, through June 16, 2010.
The Committee on Capital Markets Regulation is an independent and nonpartisan 501(c)(3) research organization financed by contributions from individuals, foundations, and corporations.
Philippa "Pippa" Malmgren is an American technology entrepreneur and economist. She served as Special Assistant to the President of the United States, George W. Bush, for Economic Policy on the National Economic Council and is a former member of the U.S. President's Working Group on Financial Markets and The President's Working Group on Corporate Governance. She wrote the dissertation "Economic Statecraft: United States Antidumping and Countervailing Duty Policy" to obtain her PhD in International Relations from the London School of Economics (LSE) in 1991 and was the commencement speaker at LSE in 2013 and 2016.
Jimmie V. Reyna is an American lawyer, former president of the Hispanic National Bar Association, and a United States circuit judge of the United States Court of Appeals for the Federal Circuit.
Stewart and Stewart is a former international law firm based in Washington D.C., recognized for representing mainly U.S. clients in International Trade law actions. The firm had 17 attorneys and represented notable clients in a wide range of industries and agriculture. The firm's practice focused on trade remedies such as antidumping and countervailing duties as well as customs issues, WTO negotiations and disputes, export and import compliance programs, China economic and trade relations, regional trade agreements, and government relations. They are considered one of the nation's leading law firms on securing antidumping and countervailing duties in international trade. The firm's managing partner was widely published trade expert Terence Stewart, son of firm founder Eugene Stewart. In 2019 Stewart retired; the remaining partners merged with Schagrin Associates.
Eugene L. Stewart was an American lawyer and founder of the law firm Stewart and Stewart, an international law firm based in Washington D.C. He was known for his work in international trade law. He was the recipient of numerous awards including the John Carroll Award, an award given to Georgetown University Alumni whose achievements exemplify the ideals and traditions of the university. He is credited with being the leading organizer and founder of the Sursum Corda Cooperative in Washington, D.C., and was also a former law professor at Georgetown University.
Terence P. Stewart is an American lawyer and managing partner of the law firm Stewart and Stewart. He has authored books on international trade law and testified numerous times before Congressional Committees on trade matters. He is notable for his focus on trade remedy law and has published extensively on law review in publications including the Georgetown Journal of International Law and The Washington Times.
On August 29, 2013, an antidumping case involving South Korea began at the World Trade Organization over U.S. tariffs imposed on imported washing machines. South Korea exports around US$800 million–1 billion worth of washing machines to the United States per year. The machines are made in Mexico and South Korea. South Korea was notified by the WTO for consultations with the United States on anti-dumping and countervailing measures on South Korean "residential washers" by the US Department of Commerce. The case was brought by Whirlpool Corporation, one of the world's biggest appliance makers.
Arie Reich is an Israeli legal scholar specializing in international trade law and European Union Law. He is a full professor at the Bar-Ilan University Faculty of Law, and serves as the Vice Rector of the university. He previously served as the Dean of the Faculty of Law and Dean of students.
On 28 April 2016, Bombardier Aerospace recorded a firm order from Delta Air Lines for 75 CSeries CS100s plus 50 options. On 27 April 2017, Boeing filed a petition for dumping them at $19.6m each, below their $33.2m production cost. On the same day, Bombardier and the Canadian Federal Government rejected the claim, vowing to mount a "vigorous defence".
