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Under Pressure: Intractable Trade Conflicts and Korea -- Pneumatic Valves

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  • Kristy Buzard
  • Kathleen Claussen

Abstract

The Appellate Body (AB) report in Korea -- Pneumatic Valves is among the most structurally complex of recent trade remedies reports. The AB weaves a complicated web to explicate the intricacies of the relationship among the relevant provisions on injury determination in anti-dumping disputes in the midst of a contentious and long-running series of disputes between two close regional trading powers. This Article first examines the Korean investigation and its significance in economic terms. Second, it analyzes the AB’s conclusions on Article 6.2 of the Dispute Settlement Understanding regarding the panel request and the significance of the AB’s treatment. Third, it studies the AB’s comments on the panel’s anti-dumping calculations where the AB amplifies its prior pronouncements on the elements of injury and causation. Finally, the Article situates this dispute in the broader political debates playing out both at the AB and between the two disputing parties.

Suggested Citation

  • Kristy Buzard & Kathleen Claussen, 2020. "Under Pressure: Intractable Trade Conflicts and Korea -- Pneumatic Valves," RSCAS Working Papers 2020/82, European University Institute.
  • Handle: RePEc:rsc:rsceui:2020/82
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    References listed on IDEAS

    as
    1. Beshkar, Mostafa & Chilton, Adam S., 2016. "Revisiting Procedure and Precedent in the WTO: An Analysis of US – Countervailing and Anti-Dumping Measures (China)," World Trade Review, Cambridge University Press, vol. 15(2), pages 375-395, April.
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      Keywords

      WTO; dispute settlement; Appellate Body; antidumping; Korea;
      All these keywords.

      JEL classification:

      • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
      • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

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