We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the...

This paper evaluates the European Union's antidumping (AD) policy from 1995-2009 with a special focus on the 2008-9 crisis. Combining product-level data on AD cases with detailed import data, we fail to find clear signs of a major trade policy change since the outbreak of the crisis. Our...

This paper examines Korea's use of temporary trade barriers, mainly antidumping measures, before and during the global financial crisis of 2008-9. Using the Temporary Trade Barriers Database (Bown 2010b), we determined that the stock of imported products subject to antidumping duties in Korea...