International Economic Law and Policy Blog (Page 101)

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The Scorecard of the USMCA Protocol of Amendment

This post is by law professors David Gantz and Sergio Puig Introduction The U.S. House of Representatives approved December 19 the United States-Mexico-Canada Agreement (USMCA) by an overwhelming margin of 385-41. The Senate is expected to do the same in mid-January. As everyone knows by now, USMCA is a

Guest Post: Japan–South Korea Trade Friction

This is a guest post from law professor Bashar H. Malkawi: Japan imposed tighter export control measures on chemicals used by South Korean companies to produce semiconductors and smart phones and TV displays. In addition, Japan removed South Korea from a "white list" of twenty-seven preferential trading partners

The Resurrection of the Appellate Body: Three Proposals

The Appellate Body is dead. But not all hope is lost. Instead, we could still bring it back, and there are at least three different ways: 1. The first is launching the Appellate Body appointment process by forcing a vote through the General Council as per Article IX.1 of

Does the present paralysis of the AB mean that the WTO is dead? No, and this is why.

By an odd coincidence, it seems that we have actually returned to the situation that prevailed in the previous GATT 1947 system. Recall that this system was characterized by a strange feature that allowed a veto by the losing party as soon as it communicated that it wanted to explore

USMCA in Last Night's Debate

This is from last night's Democratic debate: WOODRUFF: Let's turn now to an issue that is on the minds of all Americans, and that is the economy. Senator Sanders, today, the House of Representatives voted for a new bipartisan trade agreement among the United States, Canada

The House Passes USMCA by a Wide Margin

In October of 2017, I noted that U.S. Trade Representative Bob Lighthizer said he hoped to “get back to the days where there was a substantial majority of people in both parties that voted for these trade agreements,” adding “that is my objective right now. I want to have

The U.S. Appeal in DS436

In the last post, I talked about what might happen as a result of the U.S. appeal "into the void" of the Article 21.5 panel report in DS436. Let me now add to the confusion. The full text of the U.S. appeal, as posted in

The Future of U.S. Participation in WTO Disputes

This is from the U.S. statement at today's DSB meeting: As discussions among Members continue, the dispute settlement system continues to function. The central objective of that system remains unchanged: to assist the parties in the resolution of a dispute. As before, Members have many methods to

Debunking the NFTC Report regarding Antidumping

Debunking the NFTC Report regarding Antidumping Steve Charnovitz 18 December 2019 Yesterday, the (US) National Foreign Trade Council (NFTC) released a Report Resolving the WTO Appellate Body Crisis: Proposals on Overreach. The Report proposes that "guidance" be given to the Appellate Body that WTO adjudicators must examine broadly

USMCA Implementing Legislation Provisions on the Sunset Clause

This is from the relevant section of the USMCA implementing legislation submitted to the House on Friday: Subtitle B—Joint Reviews Regarding Extension of USMCA SEC. 611. PARTICIPATION IN JOINT REVIEWS WITH CANADA AND MEXICO REGARDING EXTENSION OF THE TERM OF THE USMCA AND OTHER ACTION REGARDING THE USMCA. (a)