International Economic Law and Policy Blog (Page 374)

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Too Neoliberal, or Not Neoliberal Enough?

Over at Eyes on Trade, Travis McArthur links to an article about Bill Clinton's views on free trade, which states: Former U.S. President Bill Clinton says the free-trade agriculture policies he supported as president were a mistake. Many critics blame these policies for contributing to Haiti'

Electric Vehicle Pricing

From the AP: Nissan Motor Co. said Tuesday its new electric car will cost just over US$25,000 in the U.S., a move that could force rivals to lower prices on similar vehicles. The Leaf, a four-door hatchback due in showrooms late this year, will have a base

GATT Article I:1 (MFN) and "Conditions" for Lower Tariffs

From a recent article in The Australian: China yesterday raised the prospect of tariffs and new policies to stem growing uncertainty in its steel industry, which faces iron ore price hikes of up to 90 per cent this year. China's Commerce Ministry said yesterday it was preparing a

Excerpts from the House Ways and Means China Currency Hearing

I couldn't find video of the House Ways and Means hearing on China's exchange rate policy, but I did get my hands on a transcript. Here are some interesting tidbits: What should the U.S. do about the China currency issue? BERGSTEN: You don't

Clyde Prestowitz on Expanding the Trade Regime

From his written testimony at the House Ways and Means hearing on China's exchange rate policy: We have a WTO, but what we really need is a world globalization organization. ... Over the longer term, the currently prevailing half-free trade, half-mercantilist system of globalization must be replaced by the

Jim Bacchus on Responses to Chinese Currency Practices

He is skeptical that a WTO complaint under GATT Article XV would be useful. From a WSJ op-ed: The second possibility is that the U.S. would—as the new Congressional proposals also contemplate—sue China in the WTO alleging that China's exchange actions are inconsistent with China&

CRS Report on Currency Manipulation: Analysis of WTO Legal Issues

From a recent Congressional Research Service (CRS) report by Jonathan Sanford on Currency Manipulation: The IMF and WTO, here is some brief analysis of WTO legal issues. SCM Agreement Articles 1-3: Whether currency disputes fall under the WTO’s jurisdiction is a debatable issue. The WTO rules specify that countries

House Ways and Means China Currency Hearing

It's going on right now, and it's fascinating. There's so much being said that it's hard to summarize. Not sure I'll be able to, at least not right now. You can watch it here [ADDED: Now that it's

U.S. - Poultry from China: WTO Panels Examining Domestic Law

For those who are into this sort of thing, the U.S. - Poultry from China (DS392) dispute has a very interesting issue related to the examination of domestic law. In this case, one of the arguments made by the United States was that the statutory provision at issue, which

A WTO Litigation Strategy Question

Let's say you are a government who is concerned about the WTO-consistency of a particular measure of a trading partner. You'd really like for that measure to be found in violation of WTO rules. Does bringing additional, less convincing, claims against other measures (perhaps related to