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The Tires Tariffs: The Impact of Trade Policy on Stock Market Prices

Because of the Chinese tire tariffs, the share price of U.S. producers is up: Goodyear Tire & Rubber Co. and Cooper Tire & Rubber Co., the largest U.S. tiremakers, rose the most since at least July in New York trading after President Barack Obama placed tariffs on tires
Simon Lester 14 Sep 2009 1 min read

The Tires Tariffs: China's Response

Since the Obama administration decided to impose safeguard tariffs on Chinese tires, China has announced two things: 1. WTO consultations: China has requested WTO-sanctioned consultations with the United States over Washington's new duties on Chinese-made tires, a spokesman for China's Commerce Ministry said. 2. AD/CVD
Simon Lester 14 Sep 2009 1 min read

The Implications of the China Tires Decision

As everyone has probably heard by now (although you may not have heard, as the decision was announced late on Friday night) the Obama administration has decided to impose tariffs on Chinese tire imports pursuant to the China-specific safeguard mechanism.  The rates are 35 percent ad valorem in the first
Simon Lester 13 Sep 2009 2 min read

What is Free Trade?

Paul Krugman says: Free trade is supposed to be about a principle: nondiscrimination between domestic and foreign goods. If only it were so simple. Certainly everyone would agree that non-discrimination betweeen domestic and foreign goods (and services) is a crucial part of free trade.  But there are a number of
Simon Lester 11 Sep 2009 1 min read

The ECJ on Gambling Restrictions within the EU

Devotees of the US-Gambling case (not that any such devotees readily come to mind, Simon...) will enjoy mulling over this recent preliminary ruling of the European Court of Justice. In Case C-42/07 Liga Portugesa de Futebol Profissional issued on September 8th, 2009, the ECJ found that the exclusivity granted
Tomer Broude 10 Sep 2009 1 min read

SIEL 2010 Conference - Call for Papers

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Colin Picker 09 Sep 2009 4 min read

Thoughts on Free Trade in Health Insurance

With the the U.S. health care reform debate heating up, I can't resist jumping in here with some thoughts on how "free trade" could play a role in improving health care.  I have two things in mind:  (1) free trade within the U.S. and
Simon Lester 08 Sep 2009 3 min read

Launch Aid and Compliance with the WTO Airbus Ruling

Reuters has some new details on the WTO Airbus ruling: Picking apart the contrasting claims, two sources familiar with the case told Reuters the draft conclusions of a five-year WTO probe overwhelmingly backed U.S. charges that the dozen or so loans were "actionable" subsidies that harmed Boeing.
Simon Lester 06 Sep 2009 2 min read

Alice Amsden on the WTO and Development

I've said before on this blog (although I can't seem to track down where) that I think WTO rules allow developing countries a lot of flexibility to use protectionism (whether they should use it is a harder question).  Here's Alice Amsden of MIT making
Simon Lester 06 Sep 2009 1 min read

The WTO Airbus Ruling: Some Details

From the WSJ: The Journal reported that the WTO in its interim ruling classified every launch aid package given for the A380 passenger jet as an illegal subsidy.ADDED: Let the debate over what the ruling actually says commence.  From Reuters: Comments that the World Trade Organization on Friday backed
Simon Lester 04 Sep 2009 2 min read

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International Economic Law and Policy Blog

International Economic Law and Policy Blog

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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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