International economic law and policy blog

International Economic Law and Policy Blog

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A law of many meanings: Exchange Actions under the GATT and IMF

Earlier this week, Simon Lester posted about the EU’s concerns with the undervaluation of the Chinese currency. He situated the recent demands for trade restrictions against a longstanding debate about the function of GATT Article XV:4.

Recent Calls in the EU To Address Chinese Currency Undervaluation

An important element of the piece by Sander Tordoir and Brad Setser that I talked about in my last post was their argument that the EU should address Chinese currency undervaluation.

Does The EU Need Its Own Section 301 To Counter China's Distortions?

Recently, economists Sander Tordoir and Brad Setser suggested that the EU may need its own version of Section 301 in order to "confront China’s systemic distortions beyond piecemeal trade defence."

Call for Submissions - Trade, Law and Development

This is from the Trade, Law and Development journal: The Journal is now inviting unpublished manuscripts for publication of its 18th Special Issue (Vol. 18 No.1) titled "Reimagining Global Trade: Industrial Policy and Strategic Autonomy in a Changing Global Order". Submissions are welcome in the form of

A Sudden Surge of Safeguard Investigations

I don't follow domestic safeguards investigation that closely, but I had been noticing some coming out of places that don't do them very often (e.g., Australia, Canada, and New Zealand), so I wondered if there has been an overall increase in these measures.

Call for Papers: Brooklyn International Business Law Scholars Roundtable

This is from Irene Ten Cate, the co-director of the Block Center for the Study of International Business Law at Brooklyn Law School: 📢 Call for Papers! The Block Center for the Study of International Business Law at Brooklyn Law School invites scholars to submit proposals for the 2026 International

Tracking Exports under Trump: Country Comparisons

In a previous post, I noted that one of the reasons some traditionally pro-trade members of Congress may be supporting Trump's trade policies is because they are hoping these aggressive policies will pry open foreign markets and lead to increased U.S. exports of agricultural and other products.

The IMF vs. Greer on Budget Deficits and Trade Deficits

In a recent piece published on the IMF website, U.S. Trade Rep. Jamieson Greer argues that "[t]rade theory must catch up with tariffs, industrial policy, and the costs of globalization." There's a lot to discuss in there, but I'm going to focus

Is State Capitalism Coming to AI?

U.S. government ownership of AI companies would trigger an industrial policy competition, and would be a bad idea in and of itself.

Some Blog Housekeeping Matters: Comments and Emails

A quick note about two blog issues.