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A new trade policy analysis published today by the Cato Institute

finds that anti-dumping use has been on the decline in the United States

and globally.

In his new paper, All Quiet on the Anti-Dumping Front, take a closer look.

Associate Director of the Center for Trade Policy Studies Dan Eekinson explores the causes of this decline and whether

anti-dumping reform is still necessary.

Use of anti-dumping law in the United States has declined over the past few years.

What's behind this trend?

I see four major trends that explain the decline in anti-dumping use.

First, the world economy is healthy.

Anti-dumping use tends to be counter-cyclical.

When the economy expands, anti-dumping use declines. dumping use

declines and declines and vice versa. In 2001 when we had our

recession that was the most recent peak in anti-dumping

initiation since then we've seen a continuous decline and in fact in 2006

there have only been two initiations so far. The second reason is that the steel

industry is healthier than it has ever been. Traditionally the steel industry

has brought the preponderance of anti-dumping actions.

...