This book introduces the reader to the complexities and intricacies of U.S. trade law and policy. It outlines the role of the various organs of government in the trade policy formation and execution process, as well as the operation of the most important U.S. trade laws, including the Anti-dumping Laws, Countervailing Duty Laws, Section 301, Special 301, Super 301, and Section 201. It also examines the consistency of the more controversial of these laws with the rules of the World Trade Organization.
In addition, this book examines the interplay between the Executive and Legislative Branches of the federal government and the ways in which those patterns of interaction affect both the formation of trade policy and the operation of trade laws. Trade policy is exceptionally complex in the United States, in part because it is a reflection in microcosm of the exceptionally complex American system of government. To understand trade law, first and foremost one must understand that system and how its structural and functional imperatives affect policy formation and execution.
Written by Professor Michael K. Young, who has both studied and taught trade law as an academic, and practiced it on the front lines as a senior U.S. trade negotiator, this book is designed to be a step towards enhancing precisely that understanding.