The GATT Uruguay Round: Its Significance for U.S. Bilateral Trade with Korea and Taiwan

This article reviews the choreography of U.S. trade policy, as reflected in the U.S. government’s efforts to reconcile its objectives in the Uruguay Round with its actions in its bilateral relationships with Korea and Taiwan. It illustrates how developments in four key areas of the Round – protection of intellectual property, services, investment, and agriculture – and in bilateral trade negotiations are intended to be, and can be, complementary rather than contradictory.