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WTO Rules and the Role of the State in the Economy

From a statement (Word doc) by Bolivia, Cuba, Ecuador, Nicaragua and Venezuela at the WTO Ministerial: 5.    Trade is a tool and not an end in itself.  The Preamble to the Marrakesh Agreement Establishing the World Trade Organization, which lays down the general objectives of the multilateral trading system, confirms
Simon Lester 16 Dec 2011 1 min read

The EC - Aircraft Article 21.5 Complaint

is here: http://www.worldtradelaw.net/cr/ds316-19(cr).pdf Here's the key part: On 1 December 2011, the EU transmitted a document ("EU Notification") to the United States purporting to explain how the EU has complied with the recommendations and rulings of the DSB.  The
Simon Lester 14 Dec 2011 2 min read

More Chinese AD Duties that Might be Challenged at the WTO

From Bloomberg: China announced plans to impose anti-dumping duties on some vehicles imported from the U.S. after failing to block a U.S. tariff on Chinese tires. Punitive duties will be as high as 12.9 percent for autos from General Motors Co. and 8.8 percent for Chrysler
Simon Lester 14 Dec 2011 1 min read

WTO Complaints against Chinese AD/CVD Measures

Two WTO complaints against Chinese AD/CVD measures seem to be going forward, as both the U.S. and EU have filed panel requests: (DS425) China - Definitive Anti-Dumping Duties on X-Ray Security Inspection Equipment from the European Union (DS427) China - Anti-Dumping and Countervailing Duty Measures on Broiler Products
Simon Lester 13 Dec 2011 1 min read

Investor State Claims and Libertarian Utopias

The Economist reports that two libertarian groups are looking to develop libertarian cities in Honduras: ... In addition to a big special development region, the Honduran government intends to approve two smaller zones. And two libertarian-leaning start-ups have already signed a preliminary memorandum of understanding with the Honduran government to develop
Simon Lester 13 Dec 2011 1 min read

International Balanced Budget Amendments

From Reuters: Europe secured an historic agreement to draft a new treaty for deeper economic integration in the euro zone on Friday ... Twenty-six of the 27 EU leaders agreed to pursue a tougher budget discipline regime with automatic sanctions for deficit sinners in the single currency area ... "This is
Simon Lester 09 Dec 2011 1 min read

The Proposed Airbus WTO Sanctions: $7-10 Billion

From USTR: Today, U.S. Trade Representative Ron Kirk announced that the United States is requesting that the European Union (EU) enter into consultations regarding the notification it made on December 1, 2011, claiming to have fully complied with the World Trade Organization (WTO) ruling that subsidization of Airbus aircraft
Simon Lester 09 Dec 2011 1 min read

RDC v. Guatemala ICSID Hearing in CAFTA Claim

The RDC v. Guatemala ICSID hearing can be viewed online here for the next couple days. Luke Peterson explains the facts: In 1997 RDC won a tender to operate Guatemala’s newly-privatized national railway. A concession agreement concluded with RDC’s local affiliate, Ferrovias Guatemala (FVG),  required FVG to rehabilitate
Simon Lester 08 Dec 2011 1 min read

The Purpose of WTO Subsidies Rules

What is the goal of the subsidies rules in the WTO's SCM Agreement?  In an article in the Melbourne Journal of International Law, I argue that the rules can be characterized as fighting "protectionism."  Furthermore, I contend, the Appellate Body's interpretations of particular SCM
Simon Lester 06 Dec 2011 2 min read

"Why We Should Thank the Chinese Currency Manipulators"

Here's an excerpt from an article by economist Mark Perry, arguing that Chinese currency manipulation is good for Americans: 1. China's currency manipulation is a form of foreign aid, and to the direct advantage of millions of U.S. consumers, especially low-income groups, and to the
Simon Lester 02 Dec 2011 1 min read

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International Economic Law and Policy Blog

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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

USMCA Review and Extension Predictions

When the idea of an expiration clause was suggested during the NAFTA renegotiation, I was against it from the start, and Inu and I wrote a pretty critical piece about it at the time. A review is great, we said, let's definitely have reviews, and there are plenty of ways to do that.
08 Apr 2026 5 min read

The Section 301 Surge Continues: Investigating the Adoption/Enforcement/Administration of Forced Labor Import Bans

This Section 301 investigation intends to pressure all sixty named trade partners (even, inexplicably, including Canada and Mexico) to adopt similar enforcement procedures. This announcement is highly problematic for the four reasons I address below.
16 Mar 2026 4 min read

The Section 301 Surge Is Upon Us: Investigating Excess Capacity and Production

The first of a large batch of expected Section 301 investigations has arrived, as USTR announced yesterday that it was initiating investigations on acts, policies, and practices of various countries/economies "relating to structural excess capacity and production in manufacturing sectors."
12 Mar 2026 3 min read

Debunking the "Hyperglobalization" Trade Policy Myth

Policy is often shaped by narratives, and recently there has been a bipartisan effort to create a narrative that, starting in the early 1990s, globalization and free trade went too far.
03 Mar 2026 8 min read

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