The International Monetary Fund guru says no one wins a trade war!
But that leaves out the other part of international trade, a part I hoped the self-important monetary heard might have an answer for.
Who wins the “Dumping War” we have been losing for so long?
I hear all kinds of noise about trade wars but not much about other countries dumping products in America to eliminate our products and manufacturing.
The idea is not new. Alexander Hamilton warned about it in 1791.
It was back in the news with early China trade deals.
2004 – Trade with China: expectations vs. reality
2017 – The EU had enough: EU Imposes Anti-Dumping Duties on Chinese Steel
2017 – India had enough: Indian Govt. Imposes Anti-Dumping Duty On 93 Chinese Products; Counters China’s Aggression
But Trump-haters cry “Trade War!!!”
Maybe we should get all our news from overseas.
-
Steve is a long-time New Hampshire resident, an award-winning blogger, and a member of the Board of Directors of The 603 Alliance and the National Heritage Center for Constitutional Studies. He is the owner of Grok Media LLC and the Managing Editor, Executive Editor, assistant editor, Editor, content curator, and more (yes, there's more) at GraniteGrok.com. Steve is also a former board member of the Republican Liberty Caucus of New Hampshire, the Republican Volunteer Coalition, and has worked for or with many state and local campaigns and grassroots groups, and is a past contributor to the Franklin Center for Public Policy.
View all posts
