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New Zealand - Australia Apples Dispute

The parties have received the confidential version of the panel's interim report in the Apples dispute, and the New Zealand press (citing unnamed officials) is reporting a comprehensive victory for New Zealand.  Assuming this is indeed the result, on the one hand it is not surprising due to
Meredith Kolsky Lewis 12 Apr 2010 1 min read

Merrill & Ring v. Canada: More About NAFTA Ch. 11 Non-Discrimination Standards

Continuing with my occasional (although becoming somewhat frequent) posts on NAFTA Chapter 11 non-discrimination standards, there is a new decision to talk about: Merrill & Ring v. Canada.  The basic facts, from the Tribunal: 26. This case concerns a claim by the Investor in respect of the implementation of Canada‘
Simon Lester 11 Apr 2010 8 min read

Causes of the China Currency Detente

Assuming we are on our way to a resolution of the China currency dispute, what caused the situation to improve so rapidly, when not long ago the rhetoric was getting quite heated?  Dan Drezner sets out some possibilities, along with his view: If China's shift is a real
Simon Lester 08 Apr 2010 2 min read

SIEL Translations: Mercosur TPR Decision, 1/2005

The Society of International Economic Law has just released the first fruits of a trial project it is running, translating Spanish language material related to international economic law into English. The first project has been to translate the first decision of the MERCOSUR Permanent Tribunal for Review (No1/2005), on
Andrew Lang 08 Apr 2010 2 min read

Settlements in Cotton and the Chinese Currency Disputes?

There has been some talk of settling two big disputes, the U.S. - Cotton WTO dispute and the Chinese currency dispute.  Cotton has progressed a bit further.  USTR provides the following details: ... the United States agreed to work with Brazil to establish a fund of approximately $147.3 million
Simon Lester 07 Apr 2010 2 min read

A Possible WTO Complaint on Credit Card Services

I had seen brief references to a WTO complaint against China related to the credit card industry, but didn't know the details.  Here's the argument, as set out by Eric Grover in the Washington Times: Chinese banks have 1.88 billion debit cards and 190 million
Simon Lester 07 Apr 2010 1 min read

GATT Article XII and Trade Balancing

In the comments, Jim Mathis points me to this paper by Terence Stewart and Elizabeth Drake, entitled "Addressing Balance-of-Payments Difficulties under World Trade Organization Rules". The background they provide on GATT Article XII and balance of payments issues is excellent. They pack a lot of information into a
Simon Lester 05 Apr 2010 3 min read

Treasury Delays the "Currency Manipulation" Decision

As everyone has probably heard by now, Treasury Secretary Geithner announced over the week-end that he would delay the decision on whether to label China a currency manipulator.  From the press release: I have decided to delay publication of the report to Congress on the international economic and exchange rate
Simon Lester 05 Apr 2010 5 min read

Call for Submissions to ASIL Insights - International Economic Law Edition

The International Economic Law Interest Group (IEcLIG) of the American Society of International Law (ASIL) is soliciting short submissions to ASIL Insights- International Economic Law Edition.  ASIL Insights are meant to provide objective, succinct analysis of topical issues.  Subjects should be timely and submissions should be short (less than 2000
Sungjoon Cho 03 Apr 2010 1 min read

The Impact of Currency Manipulation and Government Subsidies

In the comments, Peter Gallagher refers me to an op-ed by Greg Mankiw on Chinese currency excange rate issue.  To me, the key point in the Mankiw piece is this one: Critics of China say it is keeping the yuan undervalued to gain an advantage in the international marketplace. A
Simon Lester 02 Apr 2010 1 min read

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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

Comparing the Forced Labor Provisions in the New U.S. Trade Deals

Continuing my multi-part blog posting series on comparing provisions in the Trump administration trade agreements, let's look now at the provisions that try to induce U.S. trading partners to take action against imports made with forced labor.
20 Feb 2026 4 min read

AOC on Foreign Policy and Trade Policy

AOC spoke on a couple panels last week at the Munich Security Conference and also spoke at the Technische Universität Berlin, and this European trip was widely seen as a move to establish some foreign policy credentials for a presidential run.
17 Feb 2026 12 min read

Comparing the Enforcement Provisions in the New U.S. Trade Deals

Building on the comparison of trade agreement provisions in my last post, let's take a look at the "enforcement" provisions of the six agreements for which the legal texts have been published.
11 Feb 2026 4 min read

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