International Economic Law and Policy Blog (Page 38)

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Katherine Tai on the Global Arrangement on Sustainable Steel and Aluminum

At an EXIM bank event yesterday, U.S. Trade Representative Katherine Tai said the following about the proposed Global Arrangement on Sustainable Steel and Aluminum: And the concept would be for the US and the EU to join our markets, and to use access to our markets to leverage fair

Some Questions after the WTO Panel Reports on the U.S. Section 232 Tariffs

Four separate WTO panel reports related to the U.S. Section 232 tariffs on steel and aluminum were circulated on Friday, in complaints brought by China, Norway, Switzerland, and Turkiye. Here are some questions I had about these disputes. What will the complainants do now? Assuming the U.S. appeals

Tariffs vs. Buy National Procurement vs. Domestic Content Requirements

I assume most readers of this blog will already understand what I'm about to say, but I'm writing it because I see a bit of confusion in the public discussion of issues surrounding the Inflation Reduction Act's electric vehicle tax credits. These tax credits

Job Posting: Teaching Fellow, and Lecturer in Law, International Economic Law, Business and Policy (IELBP), Stanford Law

This is from Stanford Law School: STANFORD LAW SCHOOL seeks to hire a teaching fellow for the LLM Program in International Economic Law, Business & Policy. The appointment is for a two-year position with the possibility of a third year by mutual agreement, beginning In August 2023. The fellow will

How Is the Biden Administration Thinking about "Industrial Strategy" and International Economic Relations?

Last week, Deputy Secretary of Commerce Don Graves made some remarks on "Modern Industrial Strategy for U.S. Competitiveness, Equity, and Resilience." In his remarks, Graves explained how the Biden administration was providing direct subsidies and other government support to promote certain sectors of the U.S. economy.

The Frozen Fries Appeal: Permissible Interpretations under AD Agreement Article 17.6(ii)

When the Colombia - Frozen Fries MPIA appeal started up, I noted that "most of the issues are pretty basic anti-dumping ones, but there is a possibility of an important systemic issue coming up," as "[t]he panel report gets into the issue of the AD Agreement

Guest Post: Does Economic Interdependence Yield a Peace Dividend?

This is a guest post from Michael Trebilcock, Emeritus University Professor of Law and Economics, University of Toronto An almost timeless debate going back to philosophers in Greek and Roman times surrounds the issue of whether increased economic interdependence between and among states in the form of cross-border trade and

Three reasons why a WTO Agreement on Investment Facilitation for Development is important, by Karl P. Sauvant

Three reasons why a WTO Agreement on Investment Facilitation for Development is important by Karl P. Sauvant* After several years of preparatory discussions, negotiations on an Investment Facilitation for Development (IFD) Agreement were formally launched in September 2020. They are open-ended plurilateral negotiations, but they aim at a multilaterally applied

The ITC Report on Distributional Effects of US Trade and Trade Policy: What about Protectionism?

Last week, the U.S. International Trade Commission released its report on Distributional Effects of Trade and Trade Policy on U.S. Workers (Inv. No. 332-587). The report had been requested by USTR, as follows: under authority delegated by the President to the United States Trade Representative and pursuant to

What Do the Midterm Elections Mean for U.S. Trade Policy?

Don't get too excited by the title of this post. The short answer to the question is, I don't know for sure, but probably not much. Nevertheless, I do have a couple thoughts here that may or may not be correct. First, I suspect the Biden