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Lighthizer's Responses to Senate Questions

Here are a few answers from USTR nominee Robert Lighthizer to written questions from Senators (via Inside US Trade): The European Union is the top export markets for the United States. At the same time, U.S. businesses and farmers face significant barriers to the EU market. The Obama Administration
Simon Lester 21 Mar 2017 3 min read

What To Make of the G20?

This is from the FT: Finance ministers from the world’s biggest economies have dropped pledges to renounce protectionism in a meeting marked by tension over trade between the US and others including China. G20 finance ministers meeting in the German resort town of Baden-Baden noted the importance of trade
Simon Lester 19 Mar 2017 1 min read

Trade Deficits vs. Imports

This is also from Todd Tucker's report: ... The U.S. trade deficits with Mexico and China went up after trade deals were finalized with both countries. Summarizing the research that uses such deficit-based measures (and attempting to control for trade displacement he believes would have happened anyway as
Simon Lester 19 Mar 2017 1 min read

Are Tariffs Low?

This is from the Todd Tucker progressive trade policy vision that I mentioned in the last post: ... The benefits of international cooperation on fighting tax evasion, monopoly power, unstable financial markets, climate change, and macroeconomic imbalances from misaligned currencies far outstrip even the most optimistic projections for agreements like the
Simon Lester 19 Mar 2017 1 min read

What Is the Progressive Vision for Trade Policy?

Progressives might disagree among themselves on what they want out of trade policy, but the vision of one particular progressive, long-time friend of this blog Todd Tucker, is here. First, let me say that I love the title of his report: "The Sustainable Equitable Trade Doctrine: Building Progressive International
Simon Lester 16 Mar 2017 3 min read

UK Trade Options Beyond 2019

The UK Parliament International Trade Committee has issued a report on "UK Trade Options Beyond 2019."  There are lots of interesting items in there. Here is the section on dispute rules in a UK-EU FTA: Dispute resolution 95.A key consideration regarding the terms of a UK-EU FTA
Simon Lester 14 Mar 2017 3 min read

Call for Papers-- Rethinking Free Trade: Liberal International Economic Order in the Wake of Brexit and Trump

The Institute of European and American Studies (IEAS), Academia Sinica intends to organize an international conference on 15-16 (Wed-Thu) November, 2017 in Taipei, Taiwan. The potential topics include, but are not limited to, the following issues: * The shift from embedded liberalism to neoliberalism and its critique * The future of mega-FTAs
Inu Manak 14 Mar 2017 1 min read

Celebrating Venezuela's Annulment Victory Over Exxon as a "Progressive" ruling? Hold The Champagne and Read This First

An ICSID Annulment Committee's decision to reduce the damages to be paid to Exxon (Mobil) by $1.4 billion seems like a cause for celebration-a victory of economic sovereignty over Big Oil.  But as gifts to economic justice go, this one is a Trojan horse indeed. Now there
Rob Howse 13 Mar 2017 3 min read

China to lead the TPP?

On Friday, the Chinese Ministry of Foreign Affairs announced that China will be joining the meeting of the TPP countries next week. Since then, the Chinese internet has been filled with speculations that China will replace the US as the leader of the TPP. I do not think this is
Henry Gao 11 Mar 2017 1 min read

A Short Cut To Pulling Out of Investor-State Arbitration Under Treaties:Just Say No

Spring break is upon us at NYU and I'm making a big push to finish an essay on the design of a multilateral investment court along the lines of the initiative that Canada and the EU are now undertaking.  One of the big transitional issues is this:  since
Rob Howse 09 Mar 2017 4 min read

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International Economic Law and Policy Blog

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The Section 301 Surge Continues: Investigating the Adoption/Enforcement/Administration of Forced Labor Import Bans

This Section 301 investigation intends to pressure all sixty named trade partners (even, inexplicably, including Canada and Mexico) to adopt similar enforcement procedures. This announcement is highly problematic for the four reasons I address below.
16 Mar 2026 4 min read

The Section 301 Surge Is Upon Us: Investigating Excess Capacity and Production

The first of a large batch of expected Section 301 investigations has arrived, as USTR announced yesterday that it was initiating investigations on acts, policies, and practices of various countries/economies "relating to structural excess capacity and production in manufacturing sectors."
12 Mar 2026 3 min read

Debunking the "Hyperglobalization" Trade Policy Myth

Policy is often shaped by narratives, and recently there has been a bipartisan effort to create a narrative that, starting in the early 1990s, globalization and free trade went too far.
03 Mar 2026 8 min read

Guest Post: Are President Trump’s New Section 122 Tariffs Legal?

This is a guest post from Bryan Riley and Joe Bishop-Henchman. Bryan is Director of the Free Trade Initiative at the National Taxpayers Union; Joe is Executive Vice President at the National Taxpayers Union Foundation President Trump has issued new 10% tariffs, shortly after raised to 15%, based on Section
24 Feb 2026 6 min read

Section 122 as a (Partial) Replacement for the IEEPA Tariffs

Apparently, this is the era of dusting off old international economic policy statutes and figuring out what they mean and how they work. After the Supreme Court's ruling today in Learning Resources, holding that "IEEPA does not authorize the President to impose tariffs," we are now
20 Feb 2026 5 min read

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