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The Politics of ISDS

This anti-ISDS bill, recently introduced by some Democratic members of Congress, is an odd one: PROHIBITION ON AGREEMENTS THAT INCLUDE INVESTOR-STATE DISPUTE SETTLEMENT PROVISIONS. (a) IN GENERAL.—The President may not, on or after the date of the enactment of this Act, enter into any free trade agreement
Simon Lester 20 Feb 2015 1 min read

A Love Letter to the TPP

This blog post from the U.S. Chamber of Commerce is -- how shall I describe it? -- quite something to behold: Roses are red Violets are blue I love the TPP And so should you Dearest Trans-Pacific Partnership Agreement, I can’t stop thinking about how great we’d be
Simon Lester 20 Feb 2015 1 min read

Jeb Bush Revives the FTAA

In a foreign policy address today, likely presidential candidate Jeb Bush said (at 38:05) that "the focus [of US policy towards Latin America] ultimately needs to get back to a Free Trade Agreement of the Americas." Of course, that idea failed once before, but could a new
Simon Lester 18 Feb 2015 1 min read

Bernard O'Connor on Constructing Normal Value

This is the abstract from a paper by trade lawyer Bernard O'Connor: Constructing Normal Value in WTO Anti-Dumping Law. Giving meaning to the phrase open, market-oriented policies in the preamble to the Marrakesh Declaration This paper looks at the construction of normal value in WTO anti-
Simon Lester 18 Feb 2015 1 min read

IS “QUANTITATIVE EASING” EQUIVALENT TO EXCHANGE RATE MANIPULATION?

In the context of the present fast track negotiations, a recent article in the New York Times points out the following aspect: The Obama administration fears that prohibitions on currency intervention could boomerang on Washington, allowing trading partners to challenge policies of the Federal Reserve Board. In the implicit view
Marc Benitah 17 Feb 2015 2 min read

The Scope of Interim Review

I enjoyed this passage from the China - HP-SSST WTO panel report circulated on Friday: 6.24. Japan suggests that the Panel's analysis of the use of the indefinite article "a" preceding "like product" in the second sentence of Article 3.2 is "
Simon Lester 16 Feb 2015 1 min read

John Oliver on Tobacco Regulation and IEL

Here's John Oliver on his show last night, giving his take on the tobacco litigation going on right now in international economic law: He didn't get into the interpretive issues related to overlap/conflict between the WTO and the FCTC, which I talk about in the
Simon Lester 16 Feb 2015 1 min read

Interim Review: Get Rid of It, or Expand It?

I recall many years ago conversations about how interim review in the WTO panel process was a waste of time, and we should get rid of it.  It had been proposed as a way to improve the quality of panel reports, but appellate review served that same purpose, so there
Simon Lester 12 Feb 2015 3 min read

A Short Treatise on International Trade Law

International trade law covers so much these days that it's hard to write a treatise or casebook on it in less than 1,000 pages.  Trust me on this, or give it a try yourself. Law prof Michael Trebilcock has just given it a try, with some success.
Simon Lester 12 Feb 2015 1 min read

Mega-Regionals and Developing Countries

It turns out that when you have trade negotiations with only a select group of countries, other countries are left out.  Often, those who are left out are developing countries.  What's the impact of having "mega-regional" trade talks that exclude most developing countries?  Some people
Simon Lester 12 Feb 2015 2 min read

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Featured

What Kind of Discrimination Should Section 338 Target?

A couple weeks ago, the U.S. International Trade Commission asked for public comments on implementing Section 338.
25 Sep 2026 5 min read

Jake Sullivan Wants To Build On the Biden Administration's Industrial Policy

In a recent article, Jake Sullivan makes the case for continuing on with the Biden administration's economic policies, arguing for an even broader and more comprehensive industrial policy than what we saw under Biden.
13 Sep 2026 6 min read

How Difficult Will It Be Politically To Remove Trump's Tariffs?

Heather Hurlburt, who was the Chief of Staff for U.S. Trade Rep. Katherine Tai from 2022-2024, recently poured some cold water on the idea that Trump's tariffs might be removed quickly after he is out of office.
12 Aug 2026 3 min read

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

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