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Part of the book series: International Political Economy Series ((IPES))

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Abstract

The character and operation of US trade law has had a major impact on the operation of the global trading system. Conflicts about subsidies, dumping and unfair trade cannot be adequately understood without reference to the operation of US law. This chapter gives the reader an overview of that system and some specific information about the way it approaches the subsidy issue. The first section reviews various approaches to thinking about trade and protectionism. This is followed by a brief review of key US institutions and laws. The last section details the operation of the countervailing duty (anti-subsidy) process and recounts a case from the Canada-US relationship: softwood lumber.

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© 1997 Robert O’Brien

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O’Brien, R. (1997). The US Trade Law System. In: Subsidy Regulation and State Transformation in North America, the GATT and the EU. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25830-7_2

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