Question

HOW does the United states domestic magnesium producers benefit more from antidumping duties on imports of magnesium from China and Russia?

Answer 1

Gaining the most from antidumping duties would be the domestic companies who cannot produce the items for as low of cost as they could import them. The losers are the foreign companies who have excess to sell and can price them lower than industry standard. They need to regain footing and the antidumping duties don’t allow this. These duties are concluded to not be in the best national interest of the united states. They promote inefficiency and push out growth of foreign companies, they could potentially trigger trade wars, and are likely to be improperly implemented. There duties do not promote globalization.