Trade War With China? Not Likely
April 11, 2007, 10:52pm
The Bush administration this week filed two trade complaints against China at the World Trade Organization, one on intellectual property rights and the other on the ability of foreign companies to access China’s market for copyright-oriented industries.
The decision to pursue the formal complaints has some people wondering whether a trade war might be the end result, but Cato Institute trade expert Daniel Ikenson thinks that is unlikely. “I don’t think it’s in China’s interest to allow this case to actually go through dispute settlement” because the WTO could authorize retaliation against China if the nation loses.
Categories: Trade, Intellectual Property
Subscribe to RSS