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On the New Development of Legal Measures of Trade Protectionism |
1.School of Marxism, Yangzhou University; 2.School of Law, Soochow University, |
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Abstract The global financial crisis ushered in severe economic decline worldwide. As a result, many countries have adopted protectionism policies to protect their industries. Trade protectionist measures, in the new era, include not only the traditional tariff and nontariff trade barriers, but also the abuse of safeguard measures, green barriers, blue barriers, investment measures, etc. Such protectionist measures are just in name, and legitimate in form, for they originated in the new trade theory, the fragile multilateral trading system, and the global imbalance of economic development. However, their harm is beyond doubt. In order to deal with the harm of these measures, we should strengthen our participation in WTO negotiations and the making of WTO rules, cleverly use the WTO mechanisms, and perfect domestic legislation.
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