Summary of the General Discussion on “U.S.–China Trade Conflict and the Changing Multilateral Trading System: Korea's Perspective”

Abstract

December 01 2019 Summary of the General Discussion on “U.S.–China Trade Conflict and the Changing Multilateral Trading System: Korea's Perspective” Author and Article Information Online Issn: 1536-0083 Print Issn: 1535-3516 © 2019 by the Asian Economic Panel and the Massachusetts Institute of Technology2019Asian Economic Panel and the Massachusetts Institute of Technology Asian Economic Papers (2019) 18 (3): 165. https://doi.org/10.1162/asep_a_00736 Cite Icon Cite Permissions Share Icon Share Facebook Twitter LinkedIn MailTo Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Search Site Citation Summary of the General Discussion on “U.S.–China Trade Conflict and the Changing Multilateral Trading System: Korea's Perspective”. Asian Economic Papers 2019; 18 (3): 165. doi: https://doi.org/10.1162/asep_a_00736 Download citation file: Ris (Zotero) Reference Manager EasyBib Bookends Mendeley Papers EndNote RefWorks BibTex toolbar search Search Dropdown Menu toolbar search search input Search input auto suggest filter your search All ContentAll JournalsAsian Economic Papers Search Advanced Search Chalongphob Sussangkarn noted that the U.S.–China trade war will have a positive effect on Korean companies because U.S. tariffs will help them in the competition with Chinese brands. However, this effect on Korean companies may not show up in Korean trade flows, as in the case where Samsung produces phones in Vietnam and ships the phones to the United States through the U.S.–Vietnam Free Trade Agreement. Siew Yean Tham argued that the recent multilateral agreements on trade facilitation demonstrated that the WTO still is capable of moving trade negotiations forward. However, because of the divergent interests of developing versus developed country members of the WTO, Tham asked whether it would make sense to implement two tracks for future negotiations. Jin Kyo Suh, the author, was skeptical about the viability of this approach. Nur Ain Shahrier asked whether trade war effects on Korea would be affected by chaebol. Suh responded... You do not currently have access to this content.