International Economic Law and Policy Blog (Page 10)

International Economic Law and Policy Blog

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International law aspects of the U.S.-Australia critical mineral and rare earth deal

Upon reading the US-AUS framework concerning the financing of rare earth mining. While there is very little to go on, I wanted to share some thoughts that connect current assessments with what we know about international investment law and existing institutional development. The Framework commits $1 billion in financing projects

Grossman and Sykes on Reciprocity in U.S. Trade Relations

In a new paper entitled "Commandeering the Customs: An Economic and Legal Perspective on the President’s 'Emergency' Imposition of 'Reciprocal Tariffs'," professors Gene Grossman and Alan Sykes push back on the idea that there is a lack of reciprocity in U.S. trade

How Should the U.S. Respond To China's Non-Market Practices?

In an interview last week, Treasury Secretary Scott Bessent talked about the Trump administration's response to China's non-market practices. Part of this response, as he presents it, has been for the U.S. to pursue a specific version of state-led industrial policy as a defensive measure.

Checking In On the Trump Administration's Drug Price Control Plans

Following up on two previous posts I did on this issue, let's see how the Trump administration's plan to push drug prices in the U.S. down while pushing drug prices in other countries up is going. At the end of September, Trump announced "the

New Model WTO Program at McGill

This is from some enterprising students at McGill University who are setting up a Model WTO program: My name is Sumayya Kheireddine, and together with my co-president Randa Omar, we are two law students at McGill University. Inspired by our experience at the Model World Trade Organization simulation in Switzerland,

Guest Post: Too Big To Fail: The EU Steel Industry, Article XXVIII of the GATT 1994 and the EU’s Free Trade Agreements

This is a guest post by trade lawyer Victor Crochet and law professor Weihuan Zhou Steel has long been a contentious topic in international trade, in part because of the numerous jobs it creates and its relevance to downstream industries including those related to national defense. In the European Union

Reclaiming the WTO’s Practical Mission: A Thought Experiment in WTO Reform

The General Agreement on Tariffs and Trade (GATT), the predecessor of the World Trade Organization (WTO), emerged as a postwar response to economic nationalism. Like the United Nations, which sought to prevent another world war, the GATT aimed to avert the kind of trade wars unleashed by the Smoot-Hawley Tariff

Discussing Trade Policy on the Internet

Shifting the IELP blog to a new platform has led me to do a bit of reflection on the past, present, and future of discussing trade policy online. I am vaguely aware that there were Usenet forum discussions in the 1990s, and there may have been good trade policy conversations

Beware the "Securitization" of Trade Policy

In recent years, U.S. trade policy has seen a creeping takeover by "security" concerns. The precise scope of these concerns is unclear, but they appear to cover both the traditional aspects of military-related security as well as the vague and amorphous concept of "economic security."

Call for Candidates (Co-)Editor(s)-in-Chief Journal of International Economic Law (JIEL)

This is from the JIEL: The 5-year term of the current Co-Editors-in-Chief of JIEL is ending. We have been charged to facilitate the process of electing the next Editor or Co-Editors-in-Chief. JIEL is the pre-eminent journal in the field of international economic law, published by Oxford University Press (OUP). We