Anti-dumping is a fair trade mechanism of protecting domestic industries from certain underpriced imports. In December 2017, the European Union made a remarkable amendment to its anti-dumping legislation to shift from a long-standing practice of specific dumping calculations for a pre-defined...

In anti-dumping procedures, the EU authorities have adjusted State-distorted input costs in the constructed normal value to market benchmarks. This methodology increases the amount of anti-dumping duties and hence import barriers to foreign goods produced with low-priced raw materials. Such cost...