Full Description
This critical book assesses the current trade policy challenges facing the US and offers a series of recommendations which, if implemented, have the potential to improve both US domestic trade policy and international foreign policy. Focusing on the reform of the WTO, the implementation of the United States-Mexico-Canada Agreement and the continuing rivalry between the US and China, The Future of Trade crucially advances the ongoing dialogue between US governments and stakeholders.
This timely analysis proposes a clear, dynamic and comprehensive series of recommendations through an interdisciplinary approach analysing law, economics and public policy in relation to the US home economy and its position in the global economic order. Chapters propose key suggestions, including rebuilding support for an open trading system; fostering integration between the United States, Canada and Mexico; and a restructuring of the WTO to create an equal system for all members. As many world powers retreat from globalisation, David A. Gantz and Tony Payan argue that the US faces long-term challenges which will require effective non-controversial policy at both a national and international level.
An invaluable resource for public policy, law, and politics scholars, particularly those focusing on trade policy, this comprehensive book will also be of crucial benefit to US government officials in trade bureaucracy, foreign officials, and members of State and Congress in the department of trade.
Contents
Contents:
Introduction to The Future of Trade 1
David A. Gantz and Tony Payan
1 Does America need a trade policy? 9
C.J. Mahoney
PART I TRENDS IN NORTH AMERICAN TRADE
2 Key issues in USMCA implementation 19
David A. Gantz
3 Three proposals for regaining momentum toward a North
American community 47
James Gerber
4 Energy in the USMCA 69
Guillermo J. Garcia Sanchez
5 The USMCA and the environment: Setting trends for
global and regional trade 96
Elizabeth Trujillo
6 Integration through trade: Labor markets and worker
rights in the USMCA 127
Tony Payan
7 Beyond NAFTA: Canada and USMCA's initial
implementation, 2020-2022 152
Meredith Lilly
PART II CHANGES IN GLOBAL TRENDS IN
THE CONTEXT OF THE U.S.-CHINA
COMMERCIAL RELATIONSHIP
8 A critique of the 2020 United States-China trade
agreement and suggested corrective measures 175
Daniel C.K. Chow
9 Filing WTO violation and non-violation complaints:
A possible solution to China's market access commitments? 200
Ian M. Sheldon
PART III GLOBAL TRADE GOVERNANCE THROUGH
A RESTRUCTURED WTO
10 Major threats to the WTO and the world trading system,
and proposed solutions 229
Simon Lester
11 The WTO as a forum for regulatory cooperation:
Transparency and open plurilateral agreements 252
Padideh Alai
Conclusion 276
David A. Gantz and Tony Payan
