Do Trade Remedies Correct Unfair Trade Practices or Are They Another Form of Protectionism?: A Policy Forum
Do trade remedies function to raise tariffs and create barriers, in part to reduce deficits and in part to gain leverage (which we otherwise have lost in World Trade Organization negotiations and free trade agreements)? Or, are they necessary remedial responses to injury to our domestic industries owing to trade agreement violations, dumping, and other illegal actions?
On Friday, July 21, in the Rayburn House Office building, the Georgetown Center for Business and Public Policy hosted a Georgetown on the Hill policy forum discussing such questions surrounding international trade. A panel of experts discussed the impact of restrictive measures in a dynamic forum and with Q&A. The forum was moderated by J. Robert Vastine (remarks begin at 2:32), Senior Industry Fellow, Georgetown Center for Business and Public Policy. Panelists included:
- Chad P. Bown, Senior Fellow, Peterson Institute for International Economics (remarks begin at 6:59)
- Stephen J. Claeys, Partner, Wiley Rein LLP, former Trade Counsel, U.S. House of Representatives, Committee on Ways and Means, Subcommittee on Trade (remarks begin at 37:24)
- Nelson W. Cunningham, President, McLarty Associates, former Special Advisor to President Clinton, Western Hemisphere affairs (remarks begin at 45:20)
- William Reinsch, Distinguished Fellow, Stimson Center, former Under Secretary for Export Administration, U.S. Department of Commerce (remarks begin at 26:13)
- Thomas M. Sneeringer, President, Committee to Support U.S. Trade Laws (remarks begin at 17:15)
This policy forum is part of the Georgetown Center for Business and Public Policy's Georgetown on the Hill series at which we convene policymakers, academics, and industry experts to discuss important economic policy issues of the day.