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Economy and Business


Concerns about dumping of a different sort in Ohio
International Trade Commission reviews anti-dumping order
by WKSU's TIM RUDELL


Reporter
Tim Rudell
 
Bruce Blonigen, professor and department head, University of Oregon school of economics
Courtesy of University of Oregon
In The Region:
Keep the NO DUMPING sign up. That was the message Tuesday in Washington from both Democrats and Republicans in Ohio’s congressional delegation. They were trying to make sure protections against the effects of unfair foreign trade practices remain in place for American roller bearing manufacturers. WKSU’s Tim Rudell reports.
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Twenty-five years ago, the U.S. slapped an anti-dumping penalty on roller bearings coming into the American market from China at prices below the cost of what it takes to make them.  The order is up for review. 

University of Oregon professor Bruce Blonigen specializes in global economics and trade, and is a fellow of the National Bureau of Economic Research.  He says two agencies are involved: the International Trade Association, or ITA; and the International Trade Commission.   “ITA collects data, to determine whether the foreign firm is selling at a price that is unfairly low in the United States—dumping their product.  The International Trade Commission  actually takes up a second, different question.  Which is, if there is dumping, is this harming the domestic industry.”

If so, the penalty order stays.

And Ohio’s congressional delegation is busy making the case. Republican congressmen Jim Renacci and Bob Gibbs, and Democrat Betty Sutton, and Democratic Senator Sherrod Brown all told the commission that lifting the anti-dumping order would harm Northeast Ohio, home of the Timken Company and more than 2,000  jobs related to bearing manufacturing.
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