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A More Subtle "Buy America" Approach

Richard Posner proposes the following alternative to the current Buy America provisions (which require the use of American inputs in certain projects): An appropriate solution to this dilemma is to focus the stimulus package on goods and services that are made in the United States. That is one more reason
Simon Lester 02 Feb 2009 1 min read

More on Trade News

A while back, I mentioned that we (that is, WorldTradeLaw.net) were working on a trade news feature.  Some of you may have already noticed this, but in case you have not, here is the news page we set up: http://www.worldtradelaw.net/wtlnews.htm  We're still
Simon Lester 01 Feb 2009 1 min read

The EU Defends its Anti-Dumping Measures

In relation to anti-dumping duties it imposed on Chinese screws and bolts, the European Commission says: "We reject strongly the implication from various sources quoted in the press that any anti-dumping measures in this case would be protectionist and not based on fact," the Commission said
Simon Lester 01 Feb 2009 1 min read

China and the Economic Crisis

NYU grad student Alireza Gharagozlou sends the following overview of a paper he has written, and asks for comments: China's accumulation of foreign currency is a hotly debated topic. Secretary of Treasury Geithner recently characterized it as "currency manipulation," a legal term of art which allows
Simon Lester 30 Jan 2009 1 min read

"Buy America" Stimulus Provisions

Sen. Sherrod Brown of Ohio supports them: "As we are losing jobs in record numbers, we obviously need to devote these funds to direct creation of American jobs. To do that, we must ensure that federal funds are used to buy American products and to help promote manufacturing in
Simon Lester 29 Jan 2009 1 min read

US vs. China: IPRs

Despite the fact that the Western press is reporting a win for the US in its IPRs dispute with China (see here and here), in reality this seems to be a win for China. Michael Geist (Ottawa) provides excellent initial analysis on his website (click here) showing why China was
Bryan Mercurio 27 Jan 2009 1 min read

Generic Pharmaceuticals, Patent Infringement and Freedom of Transit

Brazil and India are both upset over the interception (and return) by Dutch authorities of generic pharmaceuticals exported from India’s Dr. Reddy’s on route to Brazil. See here for one newspaper article.  The article states: Commerce secretary G.K. Pillai said the department has taken up the matter
Bryan Mercurio 25 Jan 2009 2 min read

Follow-up on Bailing out "Foreign" Car Companies

When I mentioned the Fiat-Chrysler alliance the other day, and expressed a little surprise that a bailout of a "foreign" company would go through without protests by some members of Congress, this is the kind of thing I had in mind: Chrysler LLC should be required to
Simon Lester 23 Jan 2009 1 min read

Measures to Support Domestic Production

From the Economist: The president of France, Nicolas Sarkozy, has made it clear that support for PSA Peugeot-Citroën and Renault will depend on production staying in the country. This is the kind of measure -- in essence, a location incentive -- that feels like it violates WTO rules, but probably does
Simon Lester 23 Jan 2009 1 min read

Foreign Investment and the Auto Bailout

From the FT: Chrysler declared its new alliance with Fiat would enhance its long-term viability yesterday in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid. This is interesting.  When I saw the headline about Fiat's
Simon Lester 21 Jan 2009 1 min read

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