Yes, the government should consider human rights in granting preferential trading rights to ensure that the countries which had been granted with such trading rights has complied with human rights policies to be imposed upon companies by providing at least the minimum wages and benefits to the employees and to ensure that they complied safe and healthy work environment.
The paramount consideration of government trade policies should be for the interest of the consumers or the public because they are the one who are greatly affected by the goods or services provided by business companies.
The trade policies that the government should adopt must be compliant with human rights policies, address concerns of society, environment and should be consistent in promoting the economy by requiring payment of proper taxes.
The U.S. company or the employer should pay the ad valorem taxes and tariffs that will be imposed by the government for taking advantage of low labor cost and skilled work force in Thailand. By taking advantage of the paying low labor expenses paid the workers in Thailand will mean additional income or profit by the U.S. company. Hence, any tax liability or tax duties incurred by the U.S. company from these activities should be paid.
The anti-dumping duties levied by the U.S. on the imports of magnesium from China and Russia will be for the benefit of the U.S. government. However, the government should have imposed more taxes than what was actually paid by the importer. The losers in this transaction are the complainants: US Magnesium Corp., United Steelworkers of America, and the Glass, Molders, Pottery, Plastics & Allied Workers International and other companies engaged in the same line of business. The imposition of antidumping duties will be for the best interest of the U.S. and will also prevent the mining industry in the United States which had been materially injured by importation of pure magnesium and alloy magnesium from Russia and China.
Good Example Of Essay On The anti-dumping duties
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WowEssays. (2023, February, 20) Good Example Of Essay On The anti-dumping duties. Retrieved November 05, 2024, from https://www.wowessays.com/free-samples/good-example-of-essay-on-globalization-2/
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Good Example Of Essay On The anti-dumping duties. Free Essay Examples - WowEssays.com. https://www.wowessays.com/free-samples/good-example-of-essay-on-globalization-2/. Published Feb 20, 2023. Accessed November 05, 2024.
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