Ryan evaluates the nature and effectiveness of U.S. trade diplomacy with Japan, Korea, Taiwan, and China in the 1970s and 1980s by examining the diplomatic strategies used by the U.S. Trade Representative to enforce Section 301 of the 1974 Trade Act, which was designed to protect free trade and competition through investigations, negotiations, and sanctions.
Ryan shows the different trade diplomacy tactics the East Asian governments pursued during dispute settlement negotiations with the USTR. The study also evaluates the fit between the East Asian political economies and the rules and principles of the General Agreement on Trade and Tariffs (GATT) regime. It explores the capabilities of the multilateral and minilateral regional institutions of trade dispute in the Pacific to settle emerging trade disputes. In the debate over rule-based or power-based diplomacy, Ryan concludes that U.S. trade diplomacy was most successful when it was rule-based, and that it gained significant compliance with GATT and other fair trade agreements.
Ryan interviewed many of the key trade negotiators in Tokyo, Seoul, Taipei, Beijing, and Washington. His analysis is based on the largest, most systematic, market sector-specific data set yet presented on U.S. export trade dispute settlement in the Pacific. It studies the structure of state power, the structures of international business competition in manufacturing, agriculture, and services, the international and regional institutions of trade diplomacy, and the national governmental institutions of trade diplomacy in the Pacific.
Anyone interested in international trade or diplomacy will find this book a source of new insight into the dynamics of trans-Pacific trade.
In trade policy, as in many other areas of public policy, decision makers often confront present and future problems with little understanding of how similar disputes were resolved in the past. Too often, busy public officials had no time to write or record negotiating histories. Revisiting U.S. Trade Policy, which is certain to become a classic in the literature of trade negotiations, is just such a record.
Built on the oral histories of thirty-five former U.S. trade policymakers—including Michael Blumenthal, Alonzo McDonald, William Roth, and Robert S. Strauss—this unique record, prepared for publication by Alfred E. Eckes, revisits some of the most important moments of America’s trade liberalization program in the years after World War II.
From GATT to the World Trade Organization, these major players look back in candid hindsight at their decisions concerning trade policy and the effects that those decisions had on shaping the new international economic order.
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