China-US Trade War and the Dispute Settlement Mechanism of the WTO

Jingzheng Lu

doi:10.54254/2753-7048/12/20230781

Research Article

Open access

Published on 26 October 2023

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Lu,J. (2023). China-US Trade War and the Dispute Settlement Mechanism of the WTO. Lecture Notes in Education Psychology and Public Media,12,64-67.

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China-US Trade War and the Dispute Settlement Mechanism of the WTO

Jingzheng Lu *^,1,

¹ Jinan Foreign Language School

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2753-7048/12/20230781

Abstract

This paper studies the hegemonism of the WTO dispute settlement mechanism and the severe damage to the free trade system exposed by the Sino-US trade war. The agency faces several problems. First, the WTO currently covers a wide range of areas, which makes it challenging to coordinate the interests of member states. Second, the WTO has adopted a decision-making mechanism by consensus. As long as no member objects, corresponding decisions can be adopted. From the historical development process of the decision-making mechanism, it is the first time that the consensus decision-making mechanism considers all members’ opinions in the decision-making process and tries to make overall considerations. Still, the consensus decision-making mechanism does not stipulate voting or specific decision-making rules. In addition, the paper proposes several potential solutions to modify the dispute settlement mechanism.

Keywords

trade war, dispute settlement mechanism, the WTO

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References

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Cite this article

Lu,J. (2023). China-US Trade War and the Dispute Settlement Mechanism of the WTO. Lecture Notes in Education Psychology and Public Media,12,64-67.

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About volume

Volume title: Proceedings of the 4th International Conference on Educational Innovation and Philosophical Inquiries

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

ISBN：978-1-83558-049-3(Print) / 978-1-83558-050-9(Online)

Conference date: 7 August 2023

Editor：Javier Cifuentes-Faura, Enrique Mallen

Series: Lecture Notes in Education Psychology and Public Media

Volume number: Vol.12

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

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