Lessons to the DSU from the US-China Trade War and Proposal of Reforms

Yujia Zhu

doi:10.54254/2753-7048/10/20230054

Research Article

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Published on 14 September 2023

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Zhu,Y. (2023). Lessons to the DSU from the US-China Trade War and Proposal of Reforms. Lecture Notes in Education Psychology and Public Media,10,59-65.

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Lessons to the DSU from the US-China Trade War and Proposal of Reforms

Yujia Zhu *^,1,

¹ London School of Economics and Political Science

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2753-7048/10/20230054

Abstract

In the context of globalization, people pay more attention to the role of international economic organizations in managing transnational trade relations. The US-China trade war has critically impacted the global economy and significantly influenced the international trade pattern. The Dispute Settlement Understanding (DSU), an essential section under the World Trade Organization(WTO), failed to function during the US-China trade war. Using the US-China trade war as the entry point to review the US-China trade relations under the WTO, this paper first evaluates the deficiencies of the DSU. Then it raises some reform suggestions in relatively practical aspects. The main intention of reforms is to provide a more concise and complete negotiation platform for solving transnational trade disputes.

Keywords

trade war, unilateral retaliation, dispute settlement understanding (DSU), reform

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References

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Cite this article

Zhu,Y. (2023). Lessons to the DSU from the US-China Trade War and Proposal of Reforms. Lecture Notes in Education Psychology and Public Media,10,59-65.

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About volume

Volume title: Proceedings of the International Conference on Social Psychology and Humanity Studies

Conference website: https://www.icsphs.org/

ISBN：978-1-83558-001-1(Print) / 978-1-83558-002-8(Online)

Conference date: 24 April 2023

Editor：Faisalabad Matilde Lafuente-Lechuga, Muhammad Idrees

Series: Lecture Notes in Education Psychology and Public Media

Volume number: Vol.10

ISSN：2753-7048(Print) / 2753-7056(Online)

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