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Today's Chinese Currency Post

I don't mean to overdo things with the China currency issue, but it's a hot topic and there's a lot to say about it.  So here's today's post, which is about an argument made by Arvind Subramanian in the FT:
Simon Lester 17 Mar 2010 2 min read

Climate Labelling under WTO Rules

From SSRN, here is the asbtract of Climate Labelling and the WTO: The 2010 EU Ecolabelling Programme as a Test Case Under WTO Law, by Erich Vranes Environmental labelling is increasingly used as an instrument of climate protection. This is underlined, for example, by the EU climate change programme, in
Simon Lester 17 Mar 2010 1 min read

Workshop on Global Law and Economic Policy at Harvard

From June 2-11, 2010: The Workshop is an intensive ten day residential program designed for doctoral and post-doctoral scholars. The Workshop aims to promote innovative ideas and alternative approaches to issues of global law, economic policy and social justice in the aftermath of the economic crisis.  The initiative will bring
Simon Lester 17 Mar 2010 1 min read

Film Production Subsidies

From The Economist: California has been worrying about “runaway production” since 1998, when Canada began luring producers and their crews away from Los Angeles with tax breaks. Other places followed, and all but seven American states and territories and 24 other countries now offer, or are preparing to offer, rebates,
Simon Lester 17 Mar 2010 1 min read

Trade in Everything: Rush Limbaugh Edition

No, we're not trading Rush Limbaugh.  Rather, he may be engaging in trade in medical services: Conservative talk-show host Rush Limbaugh said this week he’d go to Costa Rica for medical treatment if Congress passes proposed reforms to the US healthcare system. That might sound like an
Simon Lester 17 Mar 2010 2 min read

The Proposal for Two Separate Legal Proceedings for AD/CVD Injury Determinations

Last week I mentioned Senator Specter's proposal to allow AD/CVD injury determinations to be made by federal district courts rather than the ITC.  At the time, I said I didn't see any WTO violations in such a proposal.  However, having now seen the text of
Simon Lester 16 Mar 2010 2 min read

More Currency Stuff

UNCTAD is not a fan of a floating exchange rate for China: Amidst continued financial crisis, the question of the global trade imbalances is back high on the international agenda. A procession of prominent economists, editorialists and politicians have taken it upon themselves to “remind” the surplus countries, and in
Simon Lester 16 Mar 2010 3 min read

China Currency Times Two

Both the Financial Times and New York Times (hence the post title) have recent articles which refer to the Chinese currency issue.  From the FT: True, Washington and Beijing are trading heated accusations over whether China’s continued policy of holding down the renminbi is responsible for global imbalances. But
Simon Lester 15 Mar 2010 5 min read

Trade in Natural Resources: The Bluefin Tuna Ban under the TBT Agreement

In the spirit of the discussion of trade in natural resources that Melaku has been leading, I thought I would do a post on a very technical aspect of the proposed trade ban on bluefin tuna, which may soon be imposed pursuant to the United Nations' Convention on International
Simon Lester 15 Mar 2010 2 min read

Natural resources and non-WTO rules of international law

The discussion is nicely leading to the next question: what other international rules are relevant to trade in natural resources and how do they relate to WTO rules? a.    do regional agreements have any specific rules that could be relevant at the multilateral level? b.    how about international commodity agreements?
Melaku Desta 12 Mar 2010 1 min read

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International Economic Law and Policy Blog

International Economic Law and Policy Blog

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Is There No Going Back on Trade? What Is the Path Forward? A Response to Lighthizer

Former U.S. Trade Rep. Bob Lighthizer has a new essay in Foreign Affairs, and I have some thoughts. I'm going to start with his brief big picture points on the direction of U.S. trade policy, and then go through a couple of the specific concepts he emphasizes.
27 Apr 2026 6 min read

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

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