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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.
Simon Lester 02 Apr 2010 1 min read

DOC Evaluating Prospective vs. Retrospective Duty Systems

From a DOC federal register notice: In the conference report accompanying the 2010 Consolidated Appropriations Act, Public Law: 111-117, the conferees directed the Secretary of Commerce to work with the Secretaries of the Departments of Homeland Security and the Treasury to conduct an analysis of the relative advantages and
Simon Lester 02 Apr 2010 1 min read

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&
Simon Lester 31 Mar 2010 3 min read

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
Simon Lester 31 Mar 2010 1 min read

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
Simon Lester 28 Mar 2010 3 min read

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
Simon Lester 26 Mar 2010 5 min read

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
Simon Lester 25 Mar 2010 1 min read

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
Simon Lester 25 Mar 2010 1 min read

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
Simon Lester 24 Mar 2010 2 min read

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Why Section 338 Does Not Work in a GATT/WTO World: Lessons from Trade Law History

On July 21, 2026, President Trump exercised his authority under Section 338 of the Tariff Act of 1930 (hereinafter Section 338) to impose the maximum amount of additional tariffs (fifty per cent) on Canadian cars, alcohol, and dairy, owing to his determination of Canada’s discriminatory treatment of US exports.
23 Jul 2026 10 min read

EU WTO Reform Proposal Seeks To Extend Accession-Based State Enterprise Rules To All Members

In a new WTO reform paper entitled "Further Reflections on Disciplines, Subsidies and Industrial policy," the EU argues for stronger WTO disciplines on the behavior of state enterprises.
17 Jul 2026 5 min read

Governments Make Their Case Against Section 301 Forced Labor Tariffs

Last month, USTR made a determination in its Section 301 investigation into "Acts, Policies, and Practices of Various Economies Related to the Failure To Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced With Forced Labor."
10 Jul 2026 5 min read

How Should the EU Get Tough with China? Unilateral Action vs. WTO Complaints

I've seen several recent calls for the EU to get tougher in its economic relations with China, along with arguments that it has been too slow to act against the Chinese economic threat.
06 Jul 2026 4 min read

Trump Administration Decides Not To Extend USMCA for Another Term: What Does That Mean Exactly?

Today, as part of the first joint review of the USMCA, the three governments held a virtual meeting.
01 Jul 2026 4 min read

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