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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
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

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
Henry Gao 10 Mar 2010 1 min read

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