Trade Remedies

From Reuters: Steel makers in Russia, the world's fourth-largest producer, have suffered from a decline in orders from the construction and automotive sectors as the global economic slowdown cuts demand. In response they have boosted exports, though this has led to a growing threat of tariffs and other

I found a lot of interesting things in the WTO's World Trade Report 2009, released yesterday.  Here are a few tidbits. From page 51, questions about the problem of applying safeguards to services: How could the notion of safeguards be extended to the movement of consumers, under mode

At least in most cases.  From page 67 of the World Trade Report 2009, released today: What are the effects of dumping on the economic welfare of the importing country? Economic theory suggests that, with the possible exception of predatory dumping, all other instances of dumping either increase, or at

From a speech: We generally think of contingency trade policy as actions available to deal with unanticipated market situations. It is well understood such measures are fundamental to the effectiveness and stability of trade agreements. In their various guises, they can be thought of as safety valves, a form of

From a letter to the FT by Professors Robert McGee and Yeomin Yoon: President Obama should be audacious enough to proclaim the following: In a free enterprise economic system, domestic producers have no inherent claim on the funds of consumers. The only ethical way of obtaining the funds of consumers

It is not stated explicitly, but I assume that the Byrd Amendment is at work here: Despite a 22.7% drop in sales, La-Z-Boy recorded a profit of $5.3 million in the quarter ended April 25. ... The third quarter also included $8.1 million in added revenue from U.

Stephen Powell of University of Florida Law School has posted a paper entitled "Expanding the NAFTA Chapter 19 Dispute Settlement System: A Way to Declaw Trade Remedy Laws in a Free Trade Area of the Americas?"  Here's the abstract: Chapter 19 of the NAFTA transfers judicial

Conventional wisdom holds that anti-dumping cases increase during economic downturns.  Chad Bown's latest research seems to confirm this: Newly available data tracking the first of these trade policies - the initiation of new antidumping investigations and new antidumping measures imposed - show a marked increase in 2008 corresponding

In relation to anti-dumping duties it imposed on Chinese screws and bolts, the European Commission says: "We reject strongly the implication from various sources quoted in the press that any anti-dumping measures in this case would be protectionist and not based on fact," the Commission said in a

An opportunity for some good puns, as you can probably imagine, courtesy of the Sydney Morning Herald.