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Krugman on Responses to Alleged Chinese Currency Manipulation

Paul Krugman has another piece on China's currency policies.  One thing he does in this latest piece is reject " two reasons [that have been offered] for not confronting China over its policies. "  One of these he describes as follows: Second, there’s the claim that protectionism
Simon Lester 04 Jan 2010 2 min read

A Pretty Good Decade for Economic Development

Economist Tyler Cowen writes the following in the NY Times: Putting aside the United States, which ranks third, the four most populous countries are China, India, Indonesia and Brazil, accounting for more than 40 percent of the world’s people. And all four have made great strides. Indonesia had solid
Simon Lester 03 Jan 2010 1 min read

Trade Remedies by Foreign Companies Against Domestic Companies

From the ITC 337 Law Blog: On December 29, 2009, Nokia Corporation of Finland and Nokia Inc. of White Plains, New York (collectively, “Nokia”) filed a complaint requesting that the ITC commence an investigation pursuant to Section 337. The complaint alleges that the proposed respondent, Apple, Inc. of Cupertino, California
Simon Lester 03 Jan 2010 1 min read

The WTO Seals Litigation: The PR Battle

WTO litigation is not all about legal arguments: The [Canadian] federal government is opening a new front in its decades-old clash with anti-sealing groups, shifting the battlefield from ice floes to the Internet. Concerned that seal protests timed for the Vancouver Winter Olympics may further bloody the country&
Simon Lester 03 Jan 2010 1 min read

Trade Law and ISP Filtering

News from Chile, related to U.S. - Chile FTA rules on copyright protection: The Chilean House of Reps has formally rejected the latest attempt Chilean President Michele Bachelet to “reform” that country’s copyright laws to include ISP-level content filtering. Pres Bacehlet had argued that it’s necessary in
Simon Lester 03 Jan 2010 1 min read

Pessimistic and Optimistic Views of the State of Free Trade

David Rothkopf declares free trade one of the decade's "losers": Globalists and free traders: Remember back during those Clinton days when we loved the world, NAFTA, the WTO, and cutting trade deals with everyone? You don't remember? You had nothing to do with that?
Simon Lester 01 Jan 2010 3 min read

Trade in Everything: Love Boat Edition

From the Palm Beach Post: About a dozen senior members of the crew of the beleaguered Palm Beach Princess [cruise ship] were fired Saturday, ... ... The crew is mostly made up of foreign nationals who have work visas that do not allow them on U.S. soil. Those fired were escorted
Simon Lester 30 Dec 2009 1 min read

"NAFTA Claus"

I'm not sure that cheap, plastic toys are the best illustration of the benefits of free trade, but, as this article suggests, it is one of the reasons people support it: As I usually opt to give the kids books and clothing, the toy prices surprised me. I
Simon Lester 30 Dec 2009 1 min read

Would Venezuela Nationalize a Toyota Factory?

It's a bit hard to believe, but news reports say it's possible: Venezuelan President Hugo Chavez ordered an investigation of Toyota Motor Corp., saying the world’s largest carmaker “can leave” should it fail to meet production quotas and technology-transfer laws. Toyota has refused to
Simon Lester 26 Dec 2009 2 min read

The Rise of China and the Future of Trade Remedies

From Reuters: China on Wednesday slapped anti-dumping duties on imports of carbon steel fasteners from the European Union, just a day after the EU extended import duties on shoes from China and Vietnam.This reminds me of what recently took place after the U.S. imposed safeguards on Chinese
Simon Lester 23 Dec 2009 1 min read

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