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Comparative Overview of EU and US Safeguard Regulations

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Chapter Summary

The world's largest and most important trade relationship is that between the United States (US) and the European Union (EU). This chapter analyzes and compares the safeguard regulations of the US and the EU. Pursuant to art. XVI:4 WTO Agreement, the US and the EU shall ensure compliance of their laws, regulations, and administrative procedures with the rules of the WTO, including the SA. The chapter also reviews the US and EU regulations in conjunction with the corresponding rules of the WTO. In US domestic law, the requirements and procedures for imposing safeguard measures are primarily laid down in 201-204 Trade Act of 1974. After the initiation of a safeguard proceeding, the US International Trade Commission (USITC) shall publish a notice of the commencement of the proceeding and within a reasonable time thereafter, hold public hearings.

Keywords: European Union (EU); safeguard regulations; United States (US); US domestic law; US International Trade Commission (USITC); WTO Agreement



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