International Economic Law and Policy Blog (Page 32)

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Guest Post: Time to regulate cross-border subsidies? Who decides?

This is a guest post from Luca Rubini, Senior Research Fellow in International Law, University of Turin This brief post has been triggered by yesterday’s delivery of the Opinion of Advocate General Capeta in the Fiberglass case currently pending before the European Court of Justice. The key legal issue

U.S. Subsidies vs. Chinese Subsidies / Good vs. Bad Subsidies

At a press briefing with Ambassador Tai on the announcement that the Biden administration would maintain the Section 301 tariffs on China and add tariffs on a few additional products, a reporter asked the following question regarding U.S. vs. Chinese electric vehicle subsidies: The U.S. government is subsidizing

Director of WTO Rules Division: Apply Soon!

If you are a trade remedies expert contemplating a career change, here's a great opportunity: The Secretariat of the WTO is seeking to fill a position of Director to lead the Rules Division. The Rules Division is responsible for all aspects of WTO work, legal and technical, in

Anticipating the First USMCA RRM Panel Determination: A Look Back

By now, many will have heard that the first panel constituted under the USMCA Rapid Response Labor Mechanism (RRM) recently completed its determination as to whether there has been a Denial of Rights at the San Martín mine. At the moment, we are waiting for the public release of the

USTR's View of Non-Discrimination

Here is an excerpt from the U.S. statement at the last DSB meeting, in which it discusses the EU - Palm Oil panel's interpretation of non-discrimination in TBT Agreement Article 2.1: - The United States is disappointed that the Panel in this dispute at times simply adopted

The U.S. Non-Violation Nullification or Impairment Argument in the USMCA GE Corn Dispute

In its rebuttal submission in the Mexico - GE Corn USMCA dispute, the U.S. has set out a non-violation nullification or impairment claim as an alternative to its violation claims (the U.S. did not elucidate the non-violation claim in its initial written submission, but it did indicate

What Would Joe Stiglitz Do about WTO Subsidies Rules?

In a recent Foreign Policy piece, economist Joe Stiglitz makes several references to WTO rules "forbidding" industrial subsidies: The current moment is a good illustration. It is the product of longstanding beliefs and power relations. Under this system, industrial subsidies were a no-no, forbidden (so it was

Katherine Tai on Negotiating at the WTO

Here's an exchange between Rep. Don Beyer (D-VA) and U.S. Trade Rep. Katherine Tai at a House Ways and Means Committee hearing in mid-April: Beyer: I, with a number of my colleagues here, visited the WTO a couple of years ago, in the midst of

Is AD/CVD the Answer to Chinese Non-Market Policies and Practices?

In a recent Washington Post op-ed, Brian Deese, the former director of the National Economic Council in the Biden administration, calls for a coordinated use of AD/CVDs as a way to "discourage" China's "anti-market behavior": Responding to China’s anti-market

Overcapacity and future discussions in the SCM Committee.

Finbarr Bermingham reported on Wednesday, April 23, 2024, that in the recent SCM Committee meeting, there were ‘sharp’ exchanges between the US and China related to Chinese ‘overcapacity’ in key sectors owing to subsidies. China objects to the term ‘overcapacity,’ arguing that there is no clear definition within the WTO