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Call for Submissions: Trade, Law and Development

The journal Trade, Law and Development has issued a call for submissions for its Winter 2024 issue (Vol. 16, no. 1). The theme is: "Navigating the Murky Waters of Economic Treaties in International Trade." The deadline is October 1, 2024. [update: the deadline has been extended until November
Simon Lester 01 Sep 2024 1 min read

Call for Papers: ASIL International Economic Law Biennial Conference

This is from ASIL’s International Economic Law Interest Group: The next ASIL International Economic Law Biennial Conference will be held on May 16-17, 2025, at Michigan Law, in Ann Arbor, Michigan. Applications are now open for paper and panel proposals, and the deadline by which to submit a proposal
Inu Manak 30 Aug 2024 1 min read

J.D. Vance on Tariffs

It was not a particularly productive discussion, but here is a transcript of NBC's Kristen Welker talking to J.D. Vance about tariffs last weekend: Welker: Vice President Kamala Harris, in making her case, said that the tariff plans Donald Trump is proposing will hurt the middle class.
Simon Lester 29 Aug 2024 5 min read

U.S. Leadership on Trade and Climate Policy

In a recent Foreign Affairs piece entitled "The Case for a Clean Energy Marshall Plan," Brian Deese -- the Director of the White House National Economic Council from 2021 to 2023 and a current economic adviser to Kamala Harris -- sets out a vision for how a Harris
Simon Lester 26 Aug 2024 9 min read

Guest Post: Are the revisions to the EU’s ‘Bolar’ system compatible with TRIPS?

This is a guest post from Maarten Meulenbelt, Chris Boyle, Lauren Shapiro, Maryanne Kamau, and Alix Vermulst of Sidley Austin. The full article on which the post is based is available here. In the EU, much has been written about the so-called “Pharma Review” proposals, published  by the European Commission
Simon Lester 25 Aug 2024 3 min read

Guest Post: Why couldn’t the Russia-Ukraine BIT be used to claim compensation for war damage and frozen Russian assets to satisfy these investment awards?

This is a guest post from Csongor István Nagy, Professor of Law at the University of Galway, Ireland, and at the University of Szeged, Hungary, and research professor at the HUN-REN Center for Social Sciences, Hungary At first it may raise eyebrows. But think it over! Why couldn’t the
Simon Lester 22 Aug 2024 2 min read

Non-Market Economy Status and Inducing Market-Oriented Reforms

For the purposes of U.S. anti-dumping/countervailing duty law, the Commerce Department maintains a list of non-market economies. Vietnam is one of the economies on that list. A March 2024 Congressional Research Service paper on "Vietnam’s Nonmarket Economy (NME) Status" notes that the government of Vietnam
Simon Lester 15 Aug 2024 4 min read

What Do Americans Think about Trade Policy?

Scott Lincicome and some Cato Institute polling experts have worked with YouGov to put together what I think is the definitive work on Americans' views of trade policy. For me, two of the most important findings are: (1) American voters think of trade as much less important than other
Simon Lester 08 Aug 2024 2 min read

Tim Walz on the Foreign Policy / Trade Policy Relationship

After Kamala Harris announced Tim Walz as her running mate yesterday, there has been a lot of discussion of Walz's policy views. Vice-Presidents don't typically take the lead on trade policy, but nonetheless I thought it was worth mentioning something Walz said in a speech back
Simon Lester 07 Aug 2024 3 min read

Is the U.S. Going to Propose Security Exception Reforms?

During a DSB meeting in January 2023, the U.S. indicated that it would be seeking an "authoritative interpretation" of the GATT security exception: The United States believes that Members need to deepen their collective understanding of this issue that is so critical to all of us. We
Simon Lester 04 Aug 2024 2 min read

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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."
06 Oct 2025 4 min read

Stephen Miran on Tariffs and National Savings

In a speech earlier this week, Stephen Miran, who had been the Chair of the Council of Economic Advisers and is now a member of the Federal Reserve Board, made his case for a looser monetary policy. One aspect of his argument was that he thinks national savings will be
24 Sep 2025 4 min read

A GOP Tariff Working Group and Post-Trump U.S. Trade Politics

The Hill reported last week that a handful of pro-trade Republicans in Congress used some leverage during a vote about voting on tariffs – it's complicated, check out the details at the link for more! – to get a Republican working group on tariffs established: And [Tom] McClintock [R-CA] said
21 Sep 2025 4 min read

The Japan-U.S. Investment MOU: Centrally Planned Foreign Investment?

In the last post, Mona set out the basics of the Japan-U.S. MOU on "Strategic Investments" in the U.S. – or at least, a version of the MOU that was posted by the Japanese government online, although we don't know for sure if this is
14 Sep 2025 3 min read

Have the Japanese turned investment lemons into investment project lemonade?

Last week, the governments of the United States and Japan completed a Memorandum of Understanding (MOU) to flesh out the details of a $550 billion pledge to invest in the United States made as part of the bargain to ‘buy down’ the tariffs imposed on Japanese traded products.  For months,
11 Sep 2025 8 min read

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