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Is Obama a Mercantilist?

Scott Lincicome and Don Boudreaux cite to President Obama's op-ed in the NY Times last week -- titled "Exporting Our Way to Stability" -- and make the case that he is a mercantilist, or at least sounds like one.  Here's Scott: As nice as
Simon Lester 08 Nov 2010 2 min read

Another De Facto Discrimination Case

I love a good de facto discrimination case.  Whenever one starts up, I think, "this is the one that's going to clarify all the GATT non-discrimination standards."  That hasn't happened yet, but I keep hoping, and here's another case with potential: Brazil
Simon Lester 06 Nov 2010 1 min read

Roger Alford on GATT Article XX and Extraterritoriality

Over at Opinio Juris, Roger Alford writes the following on GATT Article XX and extraterritoriality: One of the most significant questions under GATT Article XX is whether States can violate WTO rules in order to protect against foreign harms. It is an issue that has plagued the GATT/WTO for
Simon Lester 06 Nov 2010 2 min read

Trade Rebalancing at the G-20: Numerical Targets vs. Unilateral Trade Liberalization vs. Floating Currencies vs. Fiscal Policies

I'm on a break from jury duty this week-end, so I'll try to put together a couple posts.  Apologies if they are a bit jumbled; my mind is cluttered with non-IEL thoughts. First up, the issue of trade "rebalancing."  Leading up to the G-20
Simon Lester 06 Nov 2010 5 min read

WTO Academy at Georgetown Law

Dear all,Please pass on the below to anyone who may be interested.Georgetown Law is pleased to announce that it will host the Fifth Annual Academy of WTO Law & Policy from November 15-19, 2010.  The Academy is a non-degree, professional development program on WTO law and policy, offered
Meredith Kolsky Lewis 05 Nov 2010 1 min read

Zeroing: Beyond Dumping?

I thought I'd mention quickly that I might be less active on this blog in the coming days than people have come to expect from me.  It's not that I've lost interest, it's that I got picked for a jury.  (For the
Simon Lester 01 Nov 2010 5 min read

Ongoing Seals' Case (ECJ initial decision)

For those following the Canada-EU seals case, it continues to develop - with one avenue being its slow progress through EU (ECJ) domestic fora.  The Sydney Morning Herald (via the AFP news service), and other papers (but probably not read by as many of the Blog's readers), reported
Colin Picker 31 Oct 2010 1 min read

Monetary Policy and Subsidized Government Loans

It is pretty well accepted, I think, that government loans provide a "benefit" (one component of a subsidy) when they are made at "below market" interest rates.  However, given the role of governments in setting interest rates, through the monetary policy implemented by central banks, are
Simon Lester 29 Oct 2010 2 min read

Location Incentives for Film-Making

Reader Pietro Poretti points me to this article indicating that subsidies and other incentives for movie production are alive and well: The Hobbit will be made in New Zealand, Prime Minister John Key has announced. He said at a press conference this evening that new labour laws would be introduced
Simon Lester 28 Oct 2010 1 min read

Brazil's Proposal on Currency Undervaluation Issues

From Reuters: Brazil's Finance Minister Guido Mantega will propose at the Group of 20 nations meeting next month that the International Monetary Fund create an index measuring currency manipulation, local media reported on Thursday. The idea is to identify who is keeping their currency artificially low to boost
Simon Lester 28 Oct 2010 1 min read

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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

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

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