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The UK's Trade Relationship with the EU

The FT explains how complicated this is: Membership of the EU’s customs union — that is, having a common external tariff applied to imports from the rest of the world — is a separate issue to membership of its single market. Norway, for example, is a member of the single market
Simon Lester 28 Jul 2016 1 min read

Two Brexit Questions

These Brexit questions are from Federico Ortino: 1) Assume 10 large WTO Members had formed an FTA in 1980, which provides 0 tariff for all industrial products traded within the FTA. Negotiations in the Uruguay round were done taking in to account such FTA. Say, a non-FTA WTO Member
Simon Lester 27 Jul 2016 1 min read

What Do Trump's Economic Advisers Think of Trade and the TPP?

As you can see from some of my recent posts, it's very difficult to get inside Donald Trump's head on trade. He says things, and it seems he can't possibly mean them because they are so outlandish, but maybe he does, and who knows
Simon Lester 25 Jul 2016 6 min read

More Trump on Trade

This is from an interview with Chuck Todd of NBC: CHUCK TODD: You bring that up, I want to get into the meat of the speech. And I was going to do this later, but you just brought up the plants. You said there would be consequences for any company
Simon Lester 24 Jul 2016 4 min read

Trump's "Ideas" About Trade Are Bizarre

From the draft transcript of his speech tonight: I have a different vision for our workers. It begins with a new, fair trade policy that protects our jobs and stands up to countries that cheat. It’s been a signature message of my campaign from day one, and it will
Simon Lester 21 Jul 2016 2 min read

De Facto Non-Market Economy Status

From Politico: Brussels has signaled that it will radically overhaul its anti-dumping practices worldwide in an attempt to lessen the effect of China winning so-called market economy status later this year. ... European Commissioner for Trade Cecilia Malmström proposed an unexpectedly drastic compromise Wednesday. While Brussels will have to
Simon Lester 20 Jul 2016 1 min read

The GOP Platform on Trade

Not that anyone should take party platforms all that seriously, but here's what the GOP platform says on trade: A Winning Trade Policy International trade is crucial for all sectors of America’s economy. Massive trade deficits are not. We envision a worldwide multilateral agreement among nations committed
Simon Lester 20 Jul 2016 3 min read

Call for Papers on Cultural Heritage (and Trade and Investment)

From The Scientific Committee of the International Conference: The Scientific Committee of the international Conference 'UNESCO World Heritage Between Education and Economy - A Legal Analysis' is calling for paper proposals on the following topics: I) Cultural Heritage and its Meaning; II) Cultural Heritage & Investment Law; III) Cultural
Simon Lester 20 Jul 2016 1 min read

When Can the UK Negotiate Its Own Trade Agreements? Part II

A couple weeks ago, I blogged about the issue of when the UK can start negotiating its own trade agreements. There was some twitter discussion of this issue recently, which spilled over into several new comments on that blog post. I wanted to raise the issue again because I'
Simon Lester 17 Jul 2016 3 min read

The Post-Brexit UK-EU Relationship

There has been a lot of hand-wringing about the post-Brexit UK-EU trading relationship as it relates to regulations. Here's an example: Sigurd Braathen worked for a lifetime to build his family’s industrial company into a profitable venture with sales across Europe. Then an environmental
Simon Lester 17 Jul 2016 2 min read

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Why Section 338 Does Not Work in a GATT/WTO World: Lessons from Trade Law History

On July 21, 2026, President Trump exercised his authority under Section 338 of the Tariff Act of 1930 (hereinafter Section 338) to impose the maximum amount of additional tariffs (fifty per cent) on Canadian cars, alcohol, and dairy, owing to his determination of Canada’s discriminatory treatment of US exports.
23 Jul 2026 10 min read

EU WTO Reform Proposal Seeks To Extend Accession-Based State Enterprise Rules To All Members

In a new WTO reform paper entitled "Further Reflections on Disciplines, Subsidies and Industrial policy," the EU argues for stronger WTO disciplines on the behavior of state enterprises.
17 Jul 2026 5 min read

Governments Make Their Case Against Section 301 Forced Labor Tariffs

Last month, USTR made a determination in 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."
10 Jul 2026 5 min read

How Should the EU Get Tough with China? Unilateral Action vs. WTO Complaints

I've seen several recent calls for the EU to get tougher in its economic relations with China, along with arguments that it has been too slow to act against the Chinese economic threat.
06 Jul 2026 4 min read

Trump Administration Decides Not To Extend USMCA for Another Term: What Does That Mean Exactly?

Today, as part of the first joint review of the USMCA, the three governments held a virtual meeting.
01 Jul 2026 4 min read

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