13 April 2007 | Paul Snell
The number of bans on cheap foreign imports is likely to remain below the record levels seen between 1999 and 2001.
According to the Global Trade Protection Report 2007, published this week by consultant Cliff Stevenson, the record number of cases of "anti-dumping"- where a country blocks cheaper imports of products from another country - seen at the turn of the millennium "will never be repeated".
The report said worldwide cases of anti-dumping had remained consistent since 2005, with 187 recorded in 2006. High commodity prices and an increase in preventative action by the World Trade Organisation have kept levels "relatively low".
The EU continues to be the main instigator of anti-dumping rules. It introduced 35 cases against other nations in 2006. It was followed by India, with 31, and Argentina, with 19.
Products from China continue to be the main target, with 70 cases launched against the country in 2006. This is significantly more than the 12 cases initiated against Taiwan and 10 against the US.
Chemicals, metals and machinery parts were the three products most commonly targeted by bans.