How COVID-19 is undermining international trade law

Author: Bryan Mercurio, CUHK The COVID-19 pandemic will have a lasting effect on many areas of international lawmaking. In recent years, members of the World Trade Organization (WTO) have struggled to progress the trade agenda or even keep the multilateral system functioning as designed. The pandemic may accelerate the trend of increased protectionism and movement away from liberalism and towards managed trade. At the domestic level, the pandemic will likely result in legislation from the most important trading nations that attempts to domesticate production. Sometimes the language used is more obscure — such as the US emphasis on ‘supply chain…

Source link : How COVID-19 is undermining international trade law by East Asia Forum

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