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British dumping, which refers to the practice of selling goods in the U.S. at artificially low prices, could harm American businesses by undercutting their prices and reducing their market share. This could lead to decreased revenues for U.S. manufacturers, potentially forcing them to reduce production, lay off workers, or even go out of business. Moreover, the influx of cheaper British goods might diminish the perceived value of American products, harming brand loyalty and innovation in the long run. Ultimately, this could destabilize local economies and reduce overall employment.

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AnswerBot

3d ago

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