Podcast
Questions and Answers
What is the primary purpose of Safeguard Measures?
What is the primary purpose of Safeguard Measures?
- To address unfair trade practices by foreign companies
- To impose quantitative restrictions on imported goods
- To provide subsidies to domestic industries
- To address fair trade practices and prevent serious material injury to U.S. industries (correct)
What is a requirement for implementing Safeguard Measures?
What is a requirement for implementing Safeguard Measures?
- Material injury to U.S. industries must be threatened or caused (correct)
- The U.S. industry must be producing a similar product
- The imported goods must be priced below the normal value
- The exporting country must provide a subsidy to its exporters
What was the basis of the petitions filed by Georgetown Steel & Continental Steel in November 1983?
What was the basis of the petitions filed by Georgetown Steel & Continental Steel in November 1983?
- Subsidized and countervailable Carbon Steel Wire Rod (correct)
- Restrictive trade practices in Carbon Steel Wire Rod
- Discriminatory tariffs on Carbon Steel Wire Rod
- Alleged dumping of Carbon Steel Wire Rod
What is the relationship between Safeguard Measures and Tariff Concessions?
What is the relationship between Safeguard Measures and Tariff Concessions?
What is the consequence of not offering compensation to affected foreign companies when implementing Safeguard Measures?
What is the consequence of not offering compensation to affected foreign companies when implementing Safeguard Measures?
What was the ITA's initial determination regarding the petitions filed by Georgetown Steel & Continental Steel?
What was the ITA's initial determination regarding the petitions filed by Georgetown Steel & Continental Steel?
What was the reason for the CIT's remand of the cases to the ITA for further proceedings?
What was the reason for the CIT's remand of the cases to the ITA for further proceedings?
What is the purpose of the 'escape clause' in the context of Safeguard Measures?
What is the purpose of the 'escape clause' in the context of Safeguard Measures?
What was the outcome of Georgetown Steel's complaint in the CIT?
What was the outcome of Georgetown Steel's complaint in the CIT?
What is the central issue in the petitions filed by Georgetown Steel & Continental Steel?
What is the central issue in the petitions filed by Georgetown Steel & Continental Steel?
What is the primary goal of Safeguard Measures, as per the WTO rules?
What is the primary goal of Safeguard Measures, as per the WTO rules?
What is the requirement for imposing Safeguard Measures, with regards to imports?
What is the requirement for imposing Safeguard Measures, with regards to imports?
What is the main difference between material injury in Antidumping/Countervailing Duty (AD/CVD) cases and Safeguard Measures?
What is the main difference between material injury in Antidumping/Countervailing Duty (AD/CVD) cases and Safeguard Measures?
What is the relationship between Safeguard Measures and WTO rules?
What is the relationship between Safeguard Measures and WTO rules?
What is the lesser duty rule in the context of trade remedies?
What is the lesser duty rule in the context of trade remedies?
What is the primary goal of safeguard measures according to the WTO agreement?
What is the primary goal of safeguard measures according to the WTO agreement?
What is the basis for determining the volume of imports before the sudden increase in imports?
What is the basis for determining the volume of imports before the sudden increase in imports?
What is the primary reason why safeguards do not always have to be duties?
What is the primary reason why safeguards do not always have to be duties?
What is the purpose of the International Trade Commission (ITC) requiring an adjustment plan before the implementation of safeguard measures?
What is the purpose of the International Trade Commission (ITC) requiring an adjustment plan before the implementation of safeguard measures?
What is the consequence of implementing safeguard measures that are not WTO-consistent?
What is the consequence of implementing safeguard measures that are not WTO-consistent?
What is the primary purpose of trade remedies in the context of WTO agreements?
What is the primary purpose of trade remedies in the context of WTO agreements?
What is the bound rate in the context of WTO agreements?
What is the bound rate in the context of WTO agreements?
What is the role of Article XI in the context of trade remedies?
What is the role of Article XI in the context of trade remedies?
What is the purpose of the schedule of concessions for a WTO member?
What is the purpose of the schedule of concessions for a WTO member?
What are the two government agencies in the U.S. involved in trade remedies?
What are the two government agencies in the U.S. involved in trade remedies?
What is the primary purpose of the quantity questionnaire in the context of trade remedies?
What is the primary purpose of the quantity questionnaire in the context of trade remedies?
What is the term for the practice of selling goods at a price lower than the cost of production or the price at which the same goods are sold in the home market?
What is the term for the practice of selling goods at a price lower than the cost of production or the price at which the same goods are sold in the home market?
What is the purpose of the price undertaking in the context of trade remedies?
What is the purpose of the price undertaking in the context of trade remedies?
What is the term for the response to fair trade practices?
What is the term for the response to fair trade practices?
What is the definition of a subsidy according to the Agreement on Subsidies and Countervailing Measures?
What is the definition of a subsidy according to the Agreement on Subsidies and Countervailing Measures?
What is the primary consideration for the President when deciding on Safeguard Measures?
What is the primary consideration for the President when deciding on Safeguard Measures?
What is the general principle for imposing Safeguard Measures on imports?
What is the general principle for imposing Safeguard Measures on imports?
Under what circumstances can FTA countries be excluded from Safeguard Measures?
Under what circumstances can FTA countries be excluded from Safeguard Measures?
What is the maximum duration of Safeguard Measures?
What is the maximum duration of Safeguard Measures?
What is the main difference between the injury threshold for Safeguard Measures and AD/CVD measures?
What is the main difference between the injury threshold for Safeguard Measures and AD/CVD measures?
What is the purpose of AD and CVD measures?
What is the purpose of AD and CVD measures?
What is the significance of the 'self-initiation' provision in AD/CVD investigations?
What is the significance of the 'self-initiation' provision in AD/CVD investigations?
What is the result of a sunset review in AD/CVD investigations?
What is the result of a sunset review in AD/CVD investigations?
Why are Safeguard Measures generally considered to be MFN?
Why are Safeguard Measures generally considered to be MFN?
What is the main difference between Safeguard Measures and AD/CVD measures in terms of their application?
What is the main difference between Safeguard Measures and AD/CVD measures in terms of their application?
What is the requirement for the application of a Countervailing Duty (CVD) against a new owner of a company that previously received a subsidy?
What is the requirement for the application of a Countervailing Duty (CVD) against a new owner of a company that previously received a subsidy?
What is the consequence if the USTR declines to initiate dispute resolution before the WTO after a subsidy has been found?
What is the consequence if the USTR declines to initiate dispute resolution before the WTO after a subsidy has been found?
What is the primary consideration for determining whether a subsidy is prohibited?
What is the primary consideration for determining whether a subsidy is prohibited?
What is the requirement for an 'interested party' to request the Commerce Dept to investigate a suspected subsidy?
What is the requirement for an 'interested party' to request the Commerce Dept to investigate a suspected subsidy?
What is the purpose of the US law allowing an 'interested party' to request the Commerce Dept to investigate a suspected subsidy?
What is the purpose of the US law allowing an 'interested party' to request the Commerce Dept to investigate a suspected subsidy?
What is the primary requirement for a domestic subsidy to be considered actionable under the SCM?
What is the primary requirement for a domestic subsidy to be considered actionable under the SCM?
What is the key difference between the treatment of export subsidies and domestic subsidies under the SCM?
What is the key difference between the treatment of export subsidies and domestic subsidies under the SCM?
What is the primary challenge in challenging subsidies under the WTO?
What is the primary challenge in challenging subsidies under the WTO?
What is the term for the benefit conferred on a recipient through a Direct Transfer of Funds, such as a loan guarantee or low-interest loan?
What is the term for the benefit conferred on a recipient through a Direct Transfer of Funds, such as a loan guarantee or low-interest loan?
What is the primary requirement for a country to take advantage of the exception to the MFN requirement under Article VI of the GATT?
What is the primary requirement for a country to take advantage of the exception to the MFN requirement under Article VI of the GATT?
What is the relationship between the US countervailing duty law and the WTO's Agreement on Subsidies and Countervailing Measures?
What is the relationship between the US countervailing duty law and the WTO's Agreement on Subsidies and Countervailing Measures?
What is the purpose of the countervailing duty in the context of unfair trade practices?
What is the purpose of the countervailing duty in the context of unfair trade practices?
What is the key element in determining the existence of a subsidy under Article 1 of the Agreement on Subsidies and Countervailing Measures?
What is the key element in determining the existence of a subsidy under Article 1 of the Agreement on Subsidies and Countervailing Measures?
What is the relationship between the countervailing duty and the estimated bounty or subsidy under Article VI of the GATT?
What is the relationship between the countervailing duty and the estimated bounty or subsidy under Article VI of the GATT?
What is the consequence of a country's failure to demonstrate the causal link between the subsidized imports and the material injury to the domestic industry?
What is the consequence of a country's failure to demonstrate the causal link between the subsidized imports and the material injury to the domestic industry?
In Non-Market Economies, what is the challenge in determining the existence of a subsidy?
In Non-Market Economies, what is the challenge in determining the existence of a subsidy?
What is the primary purpose of Countervailing Duties?
What is the primary purpose of Countervailing Duties?
In the context of Countervailing Duties, what is the relationship between material injury and causation?
In the context of Countervailing Duties, what is the relationship between material injury and causation?
What is the significance of the 'snapshot' period in AD and CVD investigations?
What is the significance of the 'snapshot' period in AD and CVD investigations?
What is the purpose of Special Rules in Countervailing Duties?
What is the purpose of Special Rules in Countervailing Duties?
What is the primary consideration for rebutting the presumption of arm's length sale at fair market value in the context of subsidized imports?
What is the primary consideration for rebutting the presumption of arm's length sale at fair market value in the context of subsidized imports?
What is the effect of a privatization on subsidies, according to the WTO Appellate Body?
What is the effect of a privatization on subsidies, according to the WTO Appellate Body?
What is the key factor in determining whether a subsidized import is considered a countervailing duty?
What is the key factor in determining whether a subsidized import is considered a countervailing duty?
What is the relationship between material injury and countervailing duties?
What is the relationship between material injury and countervailing duties?
What is the primary purpose of countervailing duties in the context of unfair trade practices?
What is the primary purpose of countervailing duties in the context of unfair trade practices?
Which of the following is a necessary condition for the imposition of a Countervailing Duty?
Which of the following is a necessary condition for the imposition of a Countervailing Duty?
What is the primary difference between a subsidy under Article 1 of the SCM and a subsidized import under Article 2 of the SCM?
What is the primary difference between a subsidy under Article 1 of the SCM and a subsidized import under Article 2 of the SCM?
In the context of trade remedies, what is the primary purpose of establishing a causal link between the subsidized import and the material injury?
In the context of trade remedies, what is the primary purpose of establishing a causal link between the subsidized import and the material injury?
What is the primary requirement for a finding of material injury in the context of trade remedies?
What is the primary requirement for a finding of material injury in the context of trade remedies?
Which of the following is an example of an unfair trade practice addressed by the WTO's Agreement on Subsidies and Countervailing Measures?
Which of the following is an example of an unfair trade practice addressed by the WTO's Agreement on Subsidies and Countervailing Measures?
According to the Agreement on Subsidies and Countervailing Measures, what is a subsidy?
According to the Agreement on Subsidies and Countervailing Measures, what is a subsidy?
What is the main goal of the Agreement on Subsidies and Countervailing Measures?
What is the main goal of the Agreement on Subsidies and Countervailing Measures?
What is the purpose of countervailing duties?
What is the purpose of countervailing duties?
What is material injury in the context of unfair trade practices?
What is material injury in the context of unfair trade practices?
What is the relationship between the US countervailing duty law and the WTO's Agreement on Subsidies and Countervailing Measures?
What is the relationship between the US countervailing duty law and the WTO's Agreement on Subsidies and Countervailing Measures?
What is the key element in determining the existence of a subsidy under Article 1 of the Agreement on Subsidies and Countervailing Measures?
What is the key element in determining the existence of a subsidy under Article 1 of the Agreement on Subsidies and Countervailing Measures?
What is the primary consideration for determining whether a subsidy is prohibited?
What is the primary consideration for determining whether a subsidy is prohibited?
What is the purpose of the 'escape clause' in the context of Safeguard Measures?
What is the purpose of the 'escape clause' in the context of Safeguard Measures?
What is the consequence of not offering compensation to affected foreign companies when implementing Safeguard Measures?
What is the consequence of not offering compensation to affected foreign companies when implementing Safeguard Measures?
What is the relationship between the countervailing duty and the estimated bounty or subsidy under Article VI of the GATT?
What is the relationship between the countervailing duty and the estimated bounty or subsidy under Article VI of the GATT?
What is the primary consideration for rebutting the baseline presumption of non-recurring subsidies after a privatization?
What is the primary consideration for rebutting the baseline presumption of non-recurring subsidies after a privatization?
What is the implication of the WTO Appellate Body's ruling on the effect of privatization on subsidies?
What is the implication of the WTO Appellate Body's ruling on the effect of privatization on subsidies?
What is theDOC's role in determining the fair market value of an arm's length sale?
What is theDOC's role in determining the fair market value of an arm's length sale?
In what circumstances can a sale be considered an arm's length transaction for fair market value?
In what circumstances can a sale be considered an arm's length transaction for fair market value?
What is the potential consequence of a government's influence on market conditions during a sale?
What is the potential consequence of a government's influence on market conditions during a sale?
In the context of countervailing duties, what is the primary consideration for determining whether a subsidy is actionable?
In the context of countervailing duties, what is the primary consideration for determining whether a subsidy is actionable?
How can a state-owned producer, such as a gas company, distort the market?
How can a state-owned producer, such as a gas company, distort the market?
What is the primary goal of calculating the subsidy margin in a countervailing duty investigation?
What is the primary goal of calculating the subsidy margin in a countervailing duty investigation?
What is the primary consideration in determining the existence of a subsidy in a Non-Market Economy?
What is the primary consideration in determining the existence of a subsidy in a Non-Market Economy?
What can be a positive externality of a low-carbon footprint in the market?
What can be a positive externality of a low-carbon footprint in the market?
In the context of market distortion, what is the primary effect of a subsidy on the market?
In the context of market distortion, what is the primary effect of a subsidy on the market?
How does the Countervailing Duty Law address the issue of market distortion in economies with significant government intervention?
How does the Countervailing Duty Law address the issue of market distortion in economies with significant government intervention?
What is the primary purpose of the Countervailing Duty in the context of unfair trade practices?
What is the primary purpose of the Countervailing Duty in the context of unfair trade practices?
What is the challenge in calculating the benefit conferred by a subsidy in a State-Influenced Economy?
What is the challenge in calculating the benefit conferred by a subsidy in a State-Influenced Economy?
How does the concept of positive externalities relate to the calculation of subsidies?
How does the concept of positive externalities relate to the calculation of subsidies?
What is the primary requirement for a subsidy to exist under the SCM Agreement?
What is the primary requirement for a subsidy to exist under the SCM Agreement?
What is the primary challenge in determining the existence of a subsidy in a state-owned economy like China?
What is the primary challenge in determining the existence of a subsidy in a state-owned economy like China?
What is the consequence of a non-specific subsidy in the context of the SCM Agreement?
What is the consequence of a non-specific subsidy in the context of the SCM Agreement?
What is the primary goal of countervailing duties in the context of unfair trade practices?
What is the primary goal of countervailing duties in the context of unfair trade practices?
What is the purpose of calculating the commercial benchmark in a subsidy investigation?
What is the purpose of calculating the commercial benchmark in a subsidy investigation?
What is the key concept in determining whether a government's equity infusion is a subsidy?
What is the key concept in determining whether a government's equity infusion is a subsidy?
What is the significance of specificity in the context of the SCM Agreement?
What is the significance of specificity in the context of the SCM Agreement?
What is the result of a government's revenue forgone, such as through tax exemptions or reductions?
What is the result of a government's revenue forgone, such as through tax exemptions or reductions?
What is the primary challenge in addressing subsidies in the context of state-influenced economies?
What is the primary challenge in addressing subsidies in the context of state-influenced economies?
What is the primary effect of a subsidy on the market?
What is the primary effect of a subsidy on the market?
What is the consequence of a privatization on subsidies, according to the WTO Appellate Body?
What is the consequence of a privatization on subsidies, according to the WTO Appellate Body?
What is the requirement for an 'interested party' to request the Commerce Dept to investigate a suspected subsidy?
What is the requirement for an 'interested party' to request the Commerce Dept to investigate a suspected subsidy?
What is the primary consideration for determining whether a subsidy is prohibited under the WTO Agreement on Subsidies and Countervailing Measures?
What is the primary consideration for determining whether a subsidy is prohibited under the WTO Agreement on Subsidies and Countervailing Measures?
What is the consequence of a country's failure to demonstrate the causal link between the subsidized imports and the material injury to the domestic industry?
What is the consequence of a country's failure to demonstrate the causal link between the subsidized imports and the material injury to the domestic industry?
What is the primary goal of the Agreement on Subsidies and Countervailing Measures, as per the WTO rules?
What is the primary goal of the Agreement on Subsidies and Countervailing Measures, as per the WTO rules?
What is the primary condition for a country to impose countervailing duties on imported goods?
What is the primary condition for a country to impose countervailing duties on imported goods?
In calculating the benefit of a subsidy, what is the key factor to consider?
In calculating the benefit of a subsidy, what is the key factor to consider?
In state-influenced economies, what is a challenge in determining the existence of a subsidy?
In state-influenced economies, what is a challenge in determining the existence of a subsidy?
What is a potential positive externality of a low-carbon footprint in the market?
What is a potential positive externality of a low-carbon footprint in the market?
In the context of trade remedies, what is the purpose of a countervailing duty?
In the context of trade remedies, what is the purpose of a countervailing duty?
What is the consequence of a government's influence on market conditions during a sale?
What is the consequence of a government's influence on market conditions during a sale?
In calculating the benefit of a subsidy, what is the role of Article 14 of the Agreement on Subsidies and Countervailing Measures?
In calculating the benefit of a subsidy, what is the role of Article 14 of the Agreement on Subsidies and Countervailing Measures?
What is the primary requirement for a country to take advantage of the exception to the MFN requirement under Article VI of the GATT?
What is the primary requirement for a country to take advantage of the exception to the MFN requirement under Article VI of the GATT?
What is the effect of a countervailing duty on the benefit of a subsidy?
What is the effect of a countervailing duty on the benefit of a subsidy?
What is the primary goal of countervailing duties in the context of unfair trade practices?
What is the primary goal of countervailing duties in the context of unfair trade practices?
