International Economic Law and Policy Blog (Page 112)

International Economic Law and Policy Blog

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Abraham Lincoln on the Tariff

Some of you may have come across this purported quote from Abraham Lincoln before: "I do not know much about the tariff, but I know this much, when we buy manufactured goods abroad, we get the goods and the foreigner gets the money. When we buy the manufactured goods

Guest Post: Linking international trade to climate action and sustainability

This is a guest post from Rafael Leal-Arcas of Queen Mary University of London: London will celebrate in July 2019 the first-ever London climate action week: https://www.e3g.org/news/media-room/mayor-confirms-london-climate-week-in-2019 Linking climate change to international trade has been a topic of academic debate in recent times. In

Should WTO Dispute Settlement Require The Appellate Body To Discuss All Appealed Issues?

I recently read something about the U.S. Judiciary Act of 1925 (the "Judges' Bill"). Here's an explanation: The so-called Judges' Bill of 1925 fundamentally redefined the Supreme Court's role within the federal judiciary by repealing much of the mandatory jurisdiction of

Industrial Policy as a Tool of U.S. Foreign Policy

This is from Jennifer Harris and Todd Tucker in Politico: President Donald Trump’s threat to levy tariffs on Mexico has triggered a political war in Washington, and not the usual partisan kind. Some Republicans are girding to fight their own president, rightly finding it absurd that he would take

The EU's Interim Appeal Arbitration Proposal

Tom Miles provided a link the EU's Interim Appeal Arbitration proposal in the comments, and Steve referred to it in the last post. A searchable PDF version is here. Overall I think it is a good temporary solution and could work pretty well. Some noteworthy elements: - "

Comments on The EU's Proposal for Article 25 Arbitration

Steve Charnovitz 6 June 2019 This is a follow-up to my earlier post "The WTO Appellate Body Crisis - A Critique of the EU's Article 25 Proposal." See <https://ielp.worldtradelaw.net/2019/06/the-wto-appellate-body-crisis-a-critique-of-the-eus-article-25-proposal.html>. Thanks to Tom Miles for posting the Draft

Elizabeth Warren's "Plan for Economic Patriotism"

Elizabeth Warren just released "A Plan For Economic Patriotism." Here's how it starts: I come from a patriotic family. All three of my brothers joined the military. And I’m deeply grateful for the opportunities America has given me. But the giant “American” corporations who control

Does Congress Care about Delegating More Power Over Trade to the Executive Branch Through the USMCA Sunset Clause?

Inside US Trade has a copy of the draft Statement of Administration Action for the USMCA here. One thing that jumped out at me was that there was no mention of the sunset clause, i.e., Article 34.7: Review and Term Extension. That provision states in part: 1. This

The U.S. and China Are Talking about What Went Wrong in the U.S.-China Trade Talks

China has now put out a White Paper on the "China-U.S. Economic and Trade Consultations." Bloomberg has the English translation here. This is one passage:: The US government accusation of Chinese backtracking is totally groundless. It is common practice for both sides to make new proposals for

Kamala Harris on the Proposed Tariffs on Mexico

Here is presidential candidate Kamala Harris being interviewed by Telemundo’s Julio Vaqueiro, talking about Trump's proposed tariffs on Mexican imports to deal with immigration issues: Vaqueiro: “President Trump just yesterday said that he is going put some tariffs on all Mexican imports, until Mexico stops illegal immigration