Trump’s Retro China Trade Tool Has One Huge Advantage Over WTO

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Adjunct Professor Matt Gold was quoted in a Bloomberg article about Donald Trump relying on a section of the 1974 Trade Act, as opposed to turning to the World Trade Organization, to confront China on alleged trade imbalances.

Section 301’s speed is undoubtedly attractive to the Trump administration, according to Matthew Gold, a law professor at Fordham University in New York and a former official at the US Trade Representative’s office.

“Proving China’s trade violations before the WTO would take in the area of two or three years, after which China will have a chance to come into compliance,” he said. “If it then comes only partly into compliance, we could spend two, three more years proving that before we could seek authorization for retaliatory tariffs.”

 

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