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The Tea Party and Free Trade

There has been some talk about the Tea Party and free trade.  Dani Rodrik says: "Republicans who support the Tea Party are even more hostile to trade agreements than the rest."  He cites to this Pew poll.  Similarly, Robert Lighthizer says: "Strangely, for a movement named after
Simon Lester 14 Nov 2010 2 min read

ASIL IEL Conference in Minnesota

The ASIL International Economic Law Interest Group conference on "International Economic Law in a Time of Change: Reassessing Legal Theory, Doctrine, Methodology and Policy Prescriptions" is coming up on November 18-20, at the University of Minnesota Law School.  I see lots of big IEL names and interesting
Simon Lester 12 Nov 2010 1 min read

G20 Highlights

If you can call them that.  This is from the official communique: Currencies: Monetary and Exchange Rate Policies: We reaffirm the importance of central banks' commitment to price stability, thereby contributing to the recovery and sustainable growth. We will move toward more market-determined exchange rate systems and enhance
Simon Lester 12 Nov 2010 2 min read

Quantitative Easing, Growth and Currencies

I think it's safe to say that there is some disagreement about whether quantitative easing will lead to economic growth.  Personally, I'm a skeptic.  I would rather focus on measures that promote long-term growth, for example those that can lead to productivity increases.  To me,
Simon Lester 12 Nov 2010 1 min read

Exporting As A Way To Prosperity

President Obama: "We want to be known not just for what we consume, but for what we produce. And the more we export abroad, the more jobs we create in America. In fact, every $1 billion we export supports more than 5,000 jobs at home. It is for
Simon Lester 11 Nov 2010 1 min read

The Conservative View of the Chinese Currency Issue

Well, one conservative view, anyway.  There is no doubt a wide variation in views.  But here's National Review deputy managing editor Kevin Williamson (taking a view that seems similar to economist Don Boudreaux's): It is undeniable that Beijing plays games with China’s currency in order
Simon Lester 11 Nov 2010 3 min read

The Seal Products Case Under EU Law

Following-up on Colin's post, I have been wondering for quite some time what the arguments were that the EU seal products ban violates EU law.  The Canadian seal fur people were kind enough to point me to their pleas here: The applicants put forward three pleas in
Simon Lester 09 Nov 2010 2 min read

Free Trade and Cultural Diversity

Economist Don Boudreaux argues that free trade is about more than just "stuff," it's about cultural diversity: One of the chief concerns expressed by anti-globalization activists is that freer trade leads to worldwide cultural homogeneity. Paris, France, according to this view, will become just like
Simon Lester 09 Nov 2010 3 min read

Donald Trump is a Mercantilist

Speaking of mercantilism, here's something from a Greta Van Susteren interview with Donald Trump: VAN SUSTEREN:  ... All right, the economy, the unemployment rate not getting better. If you were advising the president, what would you tell him to do? TRUMP: Obviously the word is "jobs." How
Simon Lester 08 Nov 2010 3 min read

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 it
Simon Lester 08 Nov 2010 2 min read

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Why Section 338 Does Not Work in a GATT/WTO World: Lessons from Trade Law History

On July 21, 2026, President Trump exercised his authority under Section 338 of the Tariff Act of 1930 (hereinafter Section 338) to impose the maximum amount of additional tariffs (fifty per cent) on Canadian cars, alcohol, and dairy, owing to his determination of Canada’s discriminatory treatment of US exports.
23 Jul 2026 10 min read

EU WTO Reform Proposal Seeks To Extend Accession-Based State Enterprise Rules To All Members

In a new WTO reform paper entitled "Further Reflections on Disciplines, Subsidies and Industrial policy," the EU argues for stronger WTO disciplines on the behavior of state enterprises.
17 Jul 2026 5 min read

Governments Make Their Case Against Section 301 Forced Labor Tariffs

Last month, USTR made a determination in its Section 301 investigation into "Acts, Policies, and Practices of Various Economies Related to the Failure To Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced With Forced Labor."
10 Jul 2026 5 min read

How Should the EU Get Tough with China? Unilateral Action vs. WTO Complaints

I've seen several recent calls for the EU to get tougher in its economic relations with China, along with arguments that it has been too slow to act against the Chinese economic threat.
06 Jul 2026 4 min read

Trump Administration Decides Not To Extend USMCA for Another Term: What Does That Mean Exactly?

Today, as part of the first joint review of the USMCA, the three governments held a virtual meeting.
01 Jul 2026 4 min read

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