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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
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
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-
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
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
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

Negotiating Trade with China

This is from CTV: The [Canadian] federal government is launching consultations on a potential free trade agreement with China. Prime Minister Justin Trudeau and Chinese Premier Li Keqiang announced the beginning of exploratory discussions in September. Now the government says it is seeking input from individuals, businesses, civil society organizations,
Simon Lester 08 Mar 2017 1 min read

John Bolton on the DSU

Here is former UN Ambassador John Bolton writing about the DSU in the WSJ: Agreed to during the Uruguay Round of world trade talks in 1994, the DSU has had some successes. But it is often criticized for failing to deter violations of the WTO’s substantive trade provisions and
Simon Lester 08 Mar 2017 1 min read

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International Economic Law and Policy Blog

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Featured

Does The EU Need Its Own Section 301 To Counter China's Distortions?

Recently, economists Sander Tordoir and Brad Setser suggested that the EU may need its own version of Section 301 in order to "confront China’s systemic distortions beyond piecemeal trade defence."
17 Jun 2026 7 min read

The Section 301 Forced Labor Import Ban Report

On June 2, 2026, USTR released its report on its Section 301 investigation into acts, policies, and practices of various economies related to the failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor.
04 Jun 2026 11 min read

What To Expect from the USMCA Review?

The USMCA review is almost upon us. How exactly things will proceed is a bit unclear, as we've never done this sort of thing before, but July 1 is the six year anniversary of the USMCA's entry into force.
03 Jun 2026 15 min read

China in the World Trading System: A Response to Chad, and Some Comments on Froman-Greer

I'm going to use this post to (1) respond to Chad and (2) comment on an exchange between current U.S. Trade Rep. Jamieson Greer and former U.S. Trade Rep. Mike Froman at a recent CFR event.
01 Jun 2026 7 min read

My Response To Simon on China in the World Trading System

Here are two quick reactions to the super important question of what explains why countries did not use WTO dispute settlement to push China to change.
28 May 2026 2 min read

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