delete The Trade Remedies (Dumping and Subsidisation) (Amendment) (No. 2) Regulations 2023
Amendment to Trade Remedies (Dumping and Subsidisation) (EU Exit) Regulations 2019, effective September 2023. Modifies exemption timing provisions (shifting effective dates from 'day after made' to 'replacement of EU trade duty'), adds repayment rights for exempted parties, revises review applicant suspension procedures, and adds provisions for Upper Tribunal appeal outcomes. Extends across England, Wales, Scotland, and Northern Ireland.
Trade remedies (anti-dumping and countervailing duties) are inherently protectionist measures that distort markets, raise consumer prices, and shield inefficient domestic producers from competition. This amendment perpetuates and slightly expands the bureaucratic apparatus of trade defence without fundamentally altering the interventionist framework. While it adds procedural flexibility and repayment provisions, these merely fine-tune a system that should be deleted wholesale. As Mises demonstrated, such interventions create perverse incentives and resource misallocation. The amendment adds complexity without addressing the core problem: government manipulation of trade flows that Britain, as a historic free-trading nation, should reject.