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Latest — 13 Feb 2026

More on the Trump Administration's Dollar Policy

Last May, I asked, "Does the Trump Administration Want a Strong or a Weak Dollar?" That post was about a House hearing with Treasury Secretary Scott Bessent, and I didn't get an answer to the question posed in the title of my post.

Guest Post: Talk the Talk and Walk the Walk: WTO Panel Rules against the U.S. in US — IRA (China)

This is a guest post from Jingyuan (Joey) Zhou of Chongqing University School of Law Introduction On January 30, 2026, a panel at the World Trade Organization (WTO) handed down another blow to the United States, finding the U.S. Inflation Reduction Act (“IRA”) inconsistent with the U.S.’s

Comparing the Enforcement Provisions in the New U.S. Trade Deals

Building on the comparison of trade agreement provisions in my last post, let's take a look at the "enforcement" provisions of the six agreements for which the legal texts have been published.

Comparing the Economic and National Security Provisions in the New U.S. Trade Deals

By my count, we now have the legal texts of five Trump administration trade agreements. Will there be enforcement actions under these agreements?

Joost Pauwelyn on Politics and Law in the World Trading System

Joost has a new paper for the Hinrich Foundation that, he says, applies the framework of his 2005 Transformation of World Trade piece to "today's moribund WTO."

Peter Harrell on "Upending World Trade"

Peter Harrell, formerly of the Biden administration and now at Georgetown Law, has a new Foreign Affairs piece called "The Case for Upending World Trade: How Trump’s Vision Echoes America’s Traditional Approach." In the piece, Peter makes several points that I want to respond to.

Jamieson Greer on the 30 Year Aberration in U.S. Trade Policy

When he was in Davos last week for the World Economic Forum, U.S. Trade Rep. Jamieson Greer talked a bit about U.S. trade policy history and described a recent period during which, in his view, U.S. trade policy shifted away from tariffs/protectionism and towards free trade.

Why Haven't the Tariffs Had More Impact on the Economy?

Dan Drezner recently noted the following in relation to why the Trump tariffs haven't had a more negative impact on the U.S. economy: What about the overall effect of Trump’s tariffs on the U.S. economy? As to that question, a separate Ana Swanson story provides

Is this the end of MFN as we know it? The EU submission on WTO reform and the meaning of development

With the release of the EU submission on WTO reform, it has become clear that the MFN principle’s central role within the WTO architecture is under challenge. As a keystone, it risks the entire bridge falling. Even if the foundations are retained but deemed outdated or unusable, and a

The EU on Policy Space

In the EU submission on WTO Reform that I mentioned yesterday, there was this suggestion on "policy space": In the context of overall strengthening of rules, there should be openness to examine targeted adjustments for policy space. A balance needs to be found between the effectiveness of the