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Trump's Lumber CVDs: Don't Panic!

The Department of Commerce has made a preliminary determination of countervailable subsidies on imports of softwood lumber from Canada.  This is from the fact sheet: Commerce calculated preliminary subsidy rates for five mandatory respondents: for Canfor Corporation, 20.26 percent; for J.D. Irving, Limited, 3.02 percent; for Resolute
Simon Lester 24 Apr 2017 1 min read

Moving Trade into the 21st Century: Towards a More Inclusive Trade Agenda?

This is a guest post by Markus Wagner, and is cross-posted from EJIL: Talk! International organizations sometimes publish general reports – in addition to the usual annual versions – about their work and the future of their remit. Such reports invariably have a theme and are done when these organizations or the
Simon Lester 21 Apr 2017 6 min read

Would Section 232 Duties on Steel Violate the AD Agreement?

This is from President Trump's remarks announcing a Section 232 investigation on steel: This investigation will look at how steel imports are impacting the United States national security, taking into account foreign practices such as steel dumping.  Dumping is a tremendous problem in this country.  They're
Simon Lester 21 Apr 2017 1 min read

Country Influence and Success in WTO Disputes

In a new paper, Mark Daku and Krzysztof Pelc argue that certain countries have more influence than others in shaping the language of WTO panel and AB rulings: We argue that power is most likely to be exercised at the margins. In the case of the WTO, such power can
Simon Lester 20 Apr 2017 2 min read

Invoking National Security to Restrict Imports

From Reuters: U.S. President Donald Trump on Thursday will sign a directive asking for a speedy probe into whether imports of foreign-made steel are hurting U.S. national security, two administration officials said on Wednesday. Trump is to sign the memorandum related to section 232 of the Trade Expansion
Simon Lester 20 Apr 2017 3 min read

Being charged by an elephant: A story of globalisation and inequality

Along with many economists and globalisation scholars, my favourite graph these days is the elephant graph. Named for its distinctive elephant-shaped curve (see below), this graph by Branko Milanovic shows the rise in real incomes for people in different income brackets throughout the world over a twenty year period of
Anthea Roberts 19 Apr 2017 5 min read

The Latest Trump Executive Order on Trade

... is here.  This is an excerpt: By the authority vested in me as President by the Constitution and the laws of the United States of America, and to ensure the faithful execution of the laws, it is hereby ordered as follows: ... Sec. 2.  Policy.  It shall be the policy of
Simon Lester 18 Apr 2017 4 min read

Requiring Domestic Steel and Iron in Pipeline Construction

This is from a DOC notice and request for comments related to the use of domestic steel and iron in pipelines: The Department of Commerce is seeking information on the construction and maintenance of American pipelines. This information will help the Department develop a plan for the domestic sourcing of
Simon Lester 18 Apr 2017 3 min read

Trade Deficit Hearing

The link is here, and the full text of the DOC's "Notice of public hearing and request for comments" is below. I hope they get lots of good submissions on macroeconomics. Notice of public hearing and request for comments. Pursuant to Executive Order 13786 of March
Simon Lester 18 Apr 2017 6 min read

Is there an Alternative to Trade Adjustment Assistance?

Over at Project Syndicate, Dani Rodrik has an important essay on compensation to trade’s “losers.”  He argues that it is too late to compensate them, certainly in terms of harm done to individuals whose livelihoods have been impaired, and also in terms of political support for liberalization.  He is
Trachtman 16 Apr 2017 2 min read

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International Economic Law and Policy Blog

International Economic Law and Policy Blog

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Featured

Comparing the Enforcement Provisions in the New U.S. Trade Deals

Building on the comparison of trade agreement provisions in my last post, let's take a look at the "enforcement" provisions of the six agreements for which the legal texts have been published.
11 Feb 2026 3 min read

Comparing the Economic and National Security Provisions in the New U.S. Trade Deals

By my count, we now have the legal texts of five Trump administration trade agreements. Will there be enforcement actions under these agreements?
09 Feb 2026 5 min read

Jamieson Greer on the 30 Year Aberration in U.S. Trade Policy

When he was in Davos last week for the World Economic Forum, U.S. Trade Rep. Jamieson Greer talked a bit about U.S. trade policy history and described a recent period during which, in his view, U.S. trade policy shifted away from tariffs/protectionism and towards free trade.
29 Jan 2026 6 min read

Is this the end of MFN as we know it? The EU submission on WTO reform and the meaning of development

With the release of the EU submission on WTO reform, it has become clear that the MFN principle’s central role within the WTO architecture is under challenge. As a keystone, it risks the entire bridge falling. Even if the foundations are retained but deemed outdated or unusable, and a
23 Jan 2026 3 min read

Can "Geopolitical" Tariffs Be Dealt With through Trade Deals?

Last Friday, U.S. Trade Rep. Jamieson Greer was asked about Trump's initial suggestion of tariffs related to the goal of taking over Greenland
20 Jan 2026 4 min read

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