International Economic Law and Policy Blog (Page 407)

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Dual Cases on Dual Remedies

A while back, I did a post about the issue of "dual remedies" in relation to anti-dumping and countervailing duties, focusing on the DS379 WTO dispute. ("Dual remedies" might not be the best term, but that's what I used last time, so I&

Trade Complaints and the Stock Market

Apparently, the mere threat of a trade complaint is enough to affect a company's share price. Reuters reports: Shares in Elpida Memory Inc (6665.T) hit a two-month low on Thursday on fears stoked by a report that the U.S. would bring up government subsidies received

What Is Section 421?

Am placing here, as a new post, part of a comment that otherwise would have been stuck under the wrong heading (antidumping). At issue was a piece in The Economist about the Tires 421 result. What I found interesting in the Economist piece is that it stopped short of what

Subsidies, CVD Complaints and the Auto Industry

A recent Economist article notes: Across the world governments have lavished their ailing car firms with subsidies. Although General Motors (supported with over $50 billion of taxpayers’ money) has shed some brands and factories in America, so far not a single carmaker of any size has disappeared. One of the

The L Prize and WTO Rules

A while back, we talked about whether prizes offered by the government could be challenged at the WTO as subsidies. This discussion was somewhat in the abstract. Now, though, we have an actual prize program to talk about: The "L Prize." The New York Times describes it as

IEL in Bosnian Law

Following-up on item 2 in this post, here's a news report on a Bosnian court decision: Bosnia's top court has annulled an import tax law which it said violated a regional free trade treaty and commitments to the EU, while about 1,000 farmers and

Were the Tires Tariffs Really About China's Currency?

From Steven R. Weisman of the Peterson Institute for International Economics:2) Speaking of China, trade will be a big and perhaps contentious issue, because the Chinese are still furious over Obama's recent imposition of tariffs on Chinese tires—and the implicit threat that such tariffs could be

The WTO Boeing Ruling and State Subsidies

A Rhode Island state representative explains that a WTO ruling which finds that state subsidies to Boeing violate WTO obligations would be a good way to rein in state and local subsidies: a forthcoming decision will determine whether billions of dollars in government aid to Boeing is also illegal. We

Is Dumping "Against International Trade Rules"?

I'm feeling nit-picky again today. In an article criticizing the U.S. tariffs on Chinese tires, the Economist writes: Even now Mr Obama insists he is “committed to pursuing expanded trade and new trade agreements”, and this week he defended his action as nothing more than the

More on WTO Law and Global Administrative Law

Following-up on my recent post, Andrew Mitchell and Elizabeth Sheargold have more to say on WTO law and global administrative law in their paper "Global Governance: The World Trade Organization's Contribution". Here's the abstract: Democracy and administrative law concern ideas of governance, legitimacy,