Law360: The China-US Trade War
Washington, D.C., partner Elliot Feldman, leader of the firm's international trade practice and frequent contributor to the firm's China-U.S. Trade law blog, authored a guest column, "The China-US Trade War," which was published in the January 6, 2010, edition of International Trade Law360.
According to Feldman: "Trade remedy petitions are not prepared overnight. Nor are they, at least in the United States, the products of coordinated policy. Companies and industries decide that they are facing unfair international competition and that they could benefit from a trade action . . . the perception of a coordinated attack on Chinese goods is understandable (it requires only several petitions close in proximity on the calendar), but it does not correspond to a national trade policy. Contributing to the perception of a coordinated attack on Chinese goods are the results of petitions. Most, but not all, result in affirmative determinations from both the Department of Commerce ("Commerce") and the International Trade Commission and the imposition of duties. A constant anti-China roar from Congress contributes. Nonetheless, the process is anchored in the independent initiatives of the American private sector, not in the coordination of the government."
Click here to read the full article, courtesy of Law360.