Some Questions about the Cambodia and Malaysia Trade Deals The White House released the texts of trade agreements with Cambodia and Malaysia today. I have lots of questions about this.
Why Not Use the Phase One Deal's Enforcement Mechanism? On Friday, USTR initiated a Section 301 investigation of "China’s implementation of the Economic and Trade Agreement Between the Government of the United States of America and the Government of the People’s Republic of China ('Phase One Agreement')."
International law aspects of the U.S.-Australia critical mineral and rare earth deal Upon reading the US-AUS framework concerning the financing of rare earth mining. While there is very little to go on, I wanted to share some thoughts that connect current assessments with what we know about international investment law and existing institutional development. The Framework commits $1 billion in financing projects
Grossman and Sykes on Reciprocity in U.S. Trade Relations In a new paper entitled "Commandeering the Customs: An Economic and Legal Perspective on the President’s 'Emergency' Imposition of 'Reciprocal Tariffs'," professors Gene Grossman and Alan Sykes push back on the idea that there is a lack of reciprocity in U.S. trade
How Should the U.S. Respond To China's Non-Market Practices? In an interview last week, Treasury Secretary Scott Bessent talked about the Trump administration's response to China's non-market practices. Part of this response, as he presents it, has been for the U.S. to pursue a specific version of state-led industrial policy as a defensive measure.
Checking In On the Trump Administration's Drug Price Control Plans Following up on two previous posts I did on this issue, let's see how the Trump administration's plan to push drug prices in the U.S. down while pushing drug prices in other countries up is going. At the end of September, Trump announced "the
New Model WTO Program at McGill This is from some enterprising students at McGill University who are setting up a Model WTO program: My name is Sumayya Kheireddine, and together with my co-president Randa Omar, we are two law students at McGill University. Inspired by our experience at the Model World Trade Organization simulation in Switzerland,
Guest Post: Too Big To Fail: The EU Steel Industry, Article XXVIII of the GATT 1994 and the EU’s Free Trade Agreements This is a guest post by trade lawyer Victor Crochet and law professor Weihuan Zhou Steel has long been a contentious topic in international trade, in part because of the numerous jobs it creates and its relevance to downstream industries including those related to national defense. In the European Union
Reclaiming the WTO’s Practical Mission: A Thought Experiment in WTO Reform The General Agreement on Tariffs and Trade (GATT), the predecessor of the World Trade Organization (WTO), emerged as a postwar response to economic nationalism. Like the United Nations, which sought to prevent another world war, the GATT aimed to avert the kind of trade wars unleashed by the Smoot-Hawley Tariff
Discussing Trade Policy on the Internet Shifting the IELP blog to a new platform has led me to do a bit of reflection on the past, present, and future of discussing trade policy online. I am vaguely aware that there were Usenet forum discussions in the 1990s, and there may have been good trade policy conversations