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A Test for Obama on Trade

As is fairly well-known, WTO and other trade rules permit a good deal of protectionism.  For example, when certain conditions are met, "safeguard" measures may be imposed to keep out imports.  With these kinds of measures, governments have some discretion as to how much protection for domestic industry
Simon Lester 18 Jun 2009 2 min read

More on Foreign Competition in Health Care

I was thinking about what I said briefly the other day regarding the benefits of foreign competition in the health care (specifically, health insurance) industry.  I thought maybe someone else had discussed this idea in more detail, so I did some quick web searches.  The best I found was this:
Simon Lester 18 Jun 2009 1 min read

An Interesting Trade Job

From ICTSD: The International Centre for Trade and Sustainable Development (ICTSD), an independent non-profit and non-governmental organization contributing to a better understanding of development and environment concerns in the context of international trade, seeks to recruit a pro-active professional to fill position of Trade Negotiations Insights (TNI) Editor.More at
Simon Lester 18 Jun 2009 1 min read

The WTO as a Constitutional Model?

Adrian Vermeule of Harvard Law School proposes reining in the role of courts: Professor Adrian Vermeule’s newest book is likely to raise a few judicial eyebrows. “Law and the Limits of Reason,” just published by Oxford University Press, is a broad-based criticism of the dominant role played by courts
Simon Lester 18 Jun 2009 1 min read

WTO Chairs Programme

As many of you probably have heard already, the WTO has established a WTO Chairs Program to support WTO-related research and teaching activities in developing countries. While the deadline for the first round of call for proposals has expired on May 29th, similar opportunities might be offered in the future.
Henry Gao 17 Jun 2009 1 min read

Is This "Reverse" Foreign Investment?

From Reuters: Sweden 's Koenigsegg , a niche manufacturer of some of the world's fastest and most expensive sports cars, has struck a deal to buy loss-making Saab Automobile from General Motors, the companies said on Tuesday. In one of the most unlikely pairings in automotive history, the
Simon Lester 16 Jun 2009 1 min read

The Continued Impact of the Byrd Amendment

It is not stated explicitly, but I assume that the Byrd Amendment is at work here: Despite a 22.7% drop in sales, La-Z-Boy recorded a profit of $5.3 million in the quarter ended April 25. ... The third quarter also included $8.1 million in added revenue from U.
Simon Lester 16 Jun 2009 1 min read

More on Clove Cigarettes

Following-up on the last post, it looks like the Indonesian clove cigarette makers have at least one defender in Congress.  Congresswoman Virginia Foxx gave the following speech in the context of the discussion of the tobacco regulation bill (begins at bottom right of page and continues to next page): Mr.
Simon Lester 16 Jun 2009 2 min read

Tobacco Regulation and Trade

Remember Indonesia's concern that clove cigarettes (kreteks), which they produce a lot of, would be banned under U.S. tobacco legislation?  (See here and here).  Well, Congress has passed this legislation and it looks like the clove cigarette ban will soon be upon us. The problem is not
Simon Lester 12 Jun 2009 3 min read

Susan Franck on Investment Treaty Arbitration

Susan Franck has posted "Development and Outcomes of Investment Treaty Arbitration " on SSRN.  Here is the abstract: The legitimacy of investment treaty arbitration is a matter of heated debate. Asserting that arbitration is unfairly tilted toward the developed world, some countries have withdrawn from World Bank dispute resolution
Simon Lester 12 Jun 2009 1 min read

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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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