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Virtual Event: The Economic Implications of Recent United Kingdom Trade Agreements for the US, Texas and Mexico

David Gantz passed along the following: The United Kingdom is in the midst of negotiating several international agreements that are likely to have direct economic impact on the United States, Mexico and Texas. These include an accession agreement to the Comprehensive and Progressive Trans-Pacific Partnership (to which Mexico is an
Simon Lester 04 Oct 2023 1 min read

First Rapid Response Labor Panel Begins Work under USMCA

Many readers will know that the United States called for the very first panel under the USMCA Rapid Response Labor Mechanism (RRM) at the end of August.  One month in, the panel has been busy.  This post briefly summarizes the panel’s work so far and makes a few preliminary
Kathleen Claussen 02 Oct 2023 4 min read

Katherine Tai on Rising Inequality, Competition, and Environmental Leadership

U.S. Trade Rep. Katherine Tai spoke at an event at the University of North Carolina last week. I thought her remarks offered some of the most clear and emphatic explanations of her philosophy on U.S. trade policy and trade politics. I suppose she has said all these things
Simon Lester 01 Oct 2023 4 min read

Investment Arbitration Reporter Seeking Contributors

My friend Luke Peterson, the founder of Investment Arbitration Reporter, passed this along: Investment Arbitration Reporter is looking for one or more persons to join our team of freelance contributors. IAReporter offers specialized reporting and analysis of developments in the field of international investment law, and when relevant it focuses
Simon Lester 01 Oct 2023 3 min read

Tim Scott's Trade Plans

The second Republican presidential primary debate is tomorrow. It would be great if there were some questions about trade policy, and maybe because Fox Business is one of the hosts, economic issues such as trade will be on the agenda. In the meantime, here are a few more details on
Simon Lester 26 Sep 2023 2 min read

Some Ideas for the Future of Trade

Many people consider the present of trade to be a bit unpleasant, so it's natural to look towards the future of trade. I was part of an effort to do so at the Baker Institute last October, and you can watch the event here. There's now
Simon Lester 26 Sep 2023 4 min read

Katherine Tai on Chinese Non-Market Practices and WTO Dispute Settlement Reform

At a CSIS event today with U.S. Trade Rep. Katherine Tai and WTO DG Dr. Ngozi Okonjo-Iweala, entitled "Why the Developing World and All of Us Need Trade and the WTO," Tai spoke about a number of issues related to the WTO. I'm going to
Simon Lester 22 Sep 2023 9 min read

Would U.S. Dirty Steel Tariffs Be WTO-"Kosher"?

At the Atlantic Council's Transatlantic Forum on GeoEconomics event today, economics correspondent Stephanie Flanders asked U.S. Trade Rep. Katherine Tai about possible unilateral U.S. tariffs on dirty steel: I think the issue has been for the EU, and I think Vice President Dombrovskis has made it
Simon Lester 22 Sep 2023 3 min read

Defending Globalization

Cato has a new project on "Defending Globalization," with a number of contributions so far and more coming. Here's the description: Globalization faces renewed attention—and criticism. Like any market phenomenon, the free movement of people, things, money, and ideas across natural or political borders is
Simon Lester 13 Sep 2023 2 min read

How To Design a Subsidy Rule Carveout for Carbon Reduction Measures

Jennifer Hillman and Inu Manak have a new paper out called "Rethinking International Rules on Subsidies." In a nutshell, they argue that all the new subsidies being thrown around are likely to create difficulties in international economic relations, and some revised rules might help with that. One key
Simon Lester 10 Sep 2023 2 min read

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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

Guest Post: Are President Trump’s New Section 122 Tariffs Legal?

This is a guest post from Bryan Riley and Joe Bishop-Henchman. Bryan is Director of the Free Trade Initiative at the National Taxpayers Union; Joe is Executive Vice President at the National Taxpayers Union Foundation President Trump has issued new 10% tariffs, shortly after raised to 15%, based on Section
24 Feb 2026 6 min read

Section 122 as a (Partial) Replacement for the IEEPA Tariffs

Apparently, this is the era of dusting off old international economic policy statutes and figuring out what they mean and how they work. After the Supreme Court's ruling today in Learning Resources, holding that "IEEPA does not authorize the President to impose tariffs," we are now
20 Feb 2026 5 min read

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