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Beer vs. Pot in Trade Law

From the FT: A marijuana hangover is starting to hit the beer industry. At the beginning of last month, Colorado became the first US state to allow the sale of pot for recreational use. The end of pot's prohibition has rattled the beer industry for years, raising fears
Simon Lester 04 Feb 2014 1 min read

GATT Articles III:4/I:1 vs. TBT 2.1

From the EU's other appellant submission in EC - Seal Products: 284. The European Union appeals the Panel's finding that it "do[es] not consider that the legal standard with respect to the non-discrimination obligation under Article 2.1 of the TBT Agreement 'equally
Simon Lester 03 Feb 2014 2 min read

Dealing with Frivolous Investor State Claims

This is from what looks like a fairly recent (November 2013) leaked draft of the CETA text: Article x-14: Claims Manifestly Without Legal Merit 1. The respondent may, either no later than 30 days after the constitution of a tribunal pursuant to Article x- (Constitution of Tribunal) and in any
Simon Lester 03 Feb 2014 1 min read

The Seal Products Appeals

Canada's is here; Norway's is here. It's hard to predict how these appeals will go.  What issues will the AB focus on?  How much of the panel's findings will the AB revise?  Maybe the oral hearing will give us an indication. In
Simon Lester 30 Jan 2014 1 min read

Later vs. Earlier Treaties Under the VCLT

As all of you international law experts out there know far better than I do, Article 30(3) of the VCLT states: 3. When all the parties to the earlier treaty are parties also to the later treaty but the earlier treaty is not terminated or suspended in operation under
Simon Lester 28 Jan 2014 1 min read

ISDS in TTIP: Are Specific Scheduled Obligations and/or Direct Effect a Way Forward?

I read Karel de Gucht's Dusseldorf speech this past Wednesday with interest, not only for the question Simon rightly raises.  It is plausible that ISDS, and the proposed substantive obligations, would provide greater protection from abuse, and greater incentives to invest, where the host country has less reliable
Trachtman 25 Jan 2014 1 min read

Defending Investor-State: What Are the Government Actions That Are at Issue?

EU Trade Commissioner Karel De Gucht gave a speech on the TTIP today.  In it, he said this about investor-state: Investment agreements also exist for a reason. Europe's economy – and Germany's in particular – benefits from the investments our companies make in other countries. And it is
Simon Lester 22 Jan 2014 1 min read

Coercive Economic Measures

The Faroe Islands' WTO complaint against the EU related to herring is going to be really interesting.  We might finally get some guidance on an issue I find challenging:  How to deal with "coercive economic measures."  Here's how the panel request in the case starts:
Simon Lester 22 Jan 2014 1 min read

The European Commission Wants Input on ISDS

From the European Commission: EU Trade Commissioner Karel De Gucht today announced his decision to consult the public on the investment provisions of a future EU-US trade deal, known as the Transatlantic Trade and Investment Partnership (TTIP). The decision follows unprecedented public interest in the talks. It also reflects the
Simon Lester 21 Jan 2014 1 min read

NSA Spying and Economic Policy

From today's Presidential Policy Directive on Signals Intelligence Activities: (c) The collection of foreign private commercial information or trade secrets is authorized only to protect the national security of the United States or its partners and allies. It is not an authorized foreign intelligence or counterintelligence purpose to
Simon Lester 17 Jan 2014 1 min read

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International Economic Law and Policy Blog

International Economic Law and Policy Blog

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Tracking Goods Exports under the Trump Administration's Trade Policies

My sense is that one of the reasons some traditionally pro-trade members of Congress have continued to support Trump's trade policies, despite misgivings they may have about tariffs, is because they hope these policies will pry open foreign markets, leading to increased US exports.
07 May 2026 8 min read

Could Congress Extend the USMCA for Another Term?

People have been assuming that the decision on whether to extend the USMCA for another term is up to President Trump, but based on the language of the USMCA related to the upcoming joint review, could Congress actually have the power to make this decision on its own?
04 May 2026 4 min read

Is There No Going Back on Trade? What Is the Path Forward? A Response to Lighthizer

Former U.S. Trade Rep. Bob Lighthizer has a new essay in Foreign Affairs, and I have some thoughts. I'm going to start with his brief big picture points on the direction of U.S. trade policy, and then go through a couple of the specific concepts he emphasizes.
27 Apr 2026 6 min read

The Section 301 Excess Capacity Investigation Needs Less Madness, More Method

Shortly after the Supreme Court ruled President Trump’s emergency tariffs under IEEPA  unconstitutional, the administration scrambled to rebuild its tariff wall. While the announcement of Section 122 tariffs immediately following the ruling will provide a temporary patch, the U.S. Trade Representative’s office quickly began to utilize another
24 Apr 2026 6 min read

War Tariffs

This is a co-authored post by Kathleen Claussen and Tim Meyer. Last week, President Trump announced that the United States would be imposing new tariffs of 50 percent of the value of any product coming from any country that sells weapons or provides military aid to Iran. Some commentators questioned
14 Apr 2026 5 min read

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