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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: ajtj99 who wrote (80419)	6/22/2008 2:02:26 PM
From: mishedlo	Read Replies (1) of 116555

Insanity Of U.S. Anti-Dumping Laws globaleconomicanalysis.blogspot.com So instead of steel pipes and fences coming straight to the US from China, they go to Canada, some middleman in Canada gets a markup, U.S. manufacturers get no relief unless they hit the jackpot as they did with ball bearings, the fence installers in the U.S. pay a marginally higher price because of indirect costs to circumvent via Canada the tariff, U.S. taxpayers pay through the nose for some bureaucrats to investigate the alleged dumping only to determine a totally biased and unfair ruling, and all it takes to initiate this wasteful process is for three manufacturers hoping to hit the jackpot to get together and accuse someone of dumping. Is this a great system or what? Mish Thanks AJ

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