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Trade in natural resources: are there any gaps in the rules?

Related to the issues we have been discussing on this Blog: what are the most important gaps in the rules with respect to trade in these sectors?   This question already assumes that there are gaps in the rules, which is probably a defensible assumption. Many issues come to mind here,
Melaku Desta 11 Mar 2010 4 min read

International Trade in Natural Resources

The WTO Secretariat is currently preparing the World Trade Report 2010. This year's topic is trade in natural resources, covering fuels, mining, fish, and forestry. Further information about the WTR is provided at: http://www.wto.org/english/res_e/publications_e/wtr10_ruta_e.htm.    The WTO
Melaku Desta 10 Mar 2010 1 min read

How to get rid of a trade deficit/surplus?

The answer is simple: bring in a new set of bean-counters (sometimes from a different country). This is essentially what the MOFCOM of China and DOC of US did in their new “Report on the Statistical Discrepancy of Merchandise Trade Between the United States and China ”, which was issued on
Henry Gao 10 Mar 2010 1 min read

The Great Trade Debate: Fletcher - Reply #3 to Dan Griswold on Free Trade

by Ian Fletcher Dan has again dragged irrelevant issues into this debate; I shall let the reader judge whether I am guilty of Maoism! Dan’s conflation of protectionism with communism and related economic pathologies is telling: free traders of Dan's variety (ideologically-committed libertarians) habitually roll up all
Simon Lester 09 Mar 2010 3 min read

The Great Trade Debate: Griswold - Trade barriers rob from the many to benefit a few special interests

by Daniel Griswold As we wrap up our debate, let me grant Ian’s point that free trade alone is not a magic bullet that by itself delivers prosperity. Economic success also depends on secure property rights, the rule of law, stable money, functioning domestic markets, and moderate levels of
Simon Lester 09 Mar 2010 3 min read

AD/CVD Injury in Domestic Courts?

Remember a few weeks ago when Senator Arlen Specter asked Obama the following: The first part of my question is, would you support more effective remedies to allow injured parties -- unions which lose jobs, companies which lose profits -- by endorsing a judicial remedy, if not in U.S.
Simon Lester 08 Mar 2010 3 min read

The Great Trade Debate: Fletcher - Reply to Dan Griswold #2

Ian Fletcher Some of Dan’s arguments continue to be  mere distractions.  Taking  North Korea and Burma as proof of the harm of a no-trade (or close to it) policy falls down on the fact that North Korea has a communist economy and Burma a quasi-socialist state-controlled one, economic defects
Simon Lester 05 Mar 2010 3 min read

The Great Trade Debate: Griswold - Our More Globalized World has Seen Poverty Fall and Freedom Rise

by Daniel Griswold Free Trade has endured since Adam Smith as a robust theory, and it has proven itself in practice across the decades as being superior to government restrictions. There is nothing new in Ian’s theoretical critique of free trade. In a 1996 book, Against the Tide: An
Simon Lester 05 Mar 2010 3 min read

"Preventing and Managing Investment Treaty Conflict" Symposium at Wash. & Lee

Speaking of investor-state disputes, as I was yesterday, it looks like many of the big names in the field will be assembling for a conference soon: On March 29, 2010, Washington and Lee School of Law will host a Joint Symposium with the United Nations Conference on Trade and Development
Simon Lester 05 Mar 2010 1 min read

Customs Classification at the CIT and the WTO

Multiple branches of government can be a real pain sometimes. In the ongoing WTO EC - IT Products dispute (DS375, and also DS376 and DS377 brought by Japan and Chinese Taipei), the U.S. (that is, USTR) argued that the EC's reclassification of certain monitors in a way
Simon Lester 05 Mar 2010 6 min read

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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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