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G-20 on the Bicycle

This from today's WSJ: The leaders embraced a renewed effort to unblock global trade talks and promised they will refrain from using commercial barriers to protect their own industries for the next 12 months. "We agreed on the importance of rejecting protectionism," Mr. Brown said. "
Trachtman 17 Nov 2008 1 min read

China – Financial Information Services: Dispute Settled

We had a good discussion on this blog about this case a year ago before the dispute was formally launched. See No News is Bad News at the WTO?  The U.S. and EU filed their WTO complaints in March 2008, and Canada joined them in June 2008. Now the
Julia Qin 15 Nov 2008 2 min read

"Forward-Looking Protectionism"

Via Jonathan Dingel, I see that Ha-Joon Chang is making the case for "forward-looking protectionism in the US."  A key sentence: Mr Obama should use protectionism in a similarly forward-looking way. Industries that can be revived through re-tooling of its factories and re-training of its workers should be
Simon Lester 14 Nov 2008 1 min read

The Auto Bailout and Trade Tensions

It appears that the multi-billion dollar aid package that will likely be given to the U.S. auto industry has not gone unnoticed by our trading partners: "We will look very carefully at the details of the proposed aid package to the U.S. auto industry, in order to
Simon Lester 14 Nov 2008 1 min read

The WTO and the financial crisis: excluding civil society?

From Rob Howse: According to the WTO website there was recently a meeting of "experts" dealing with the difficulties of trade finance in the current environment.  Here is the link:  http://www.wto.org/english/news_e/news08_e/trade_finance_12nov08_e.htm You will note the
Simon Lester 13 Nov 2008 1 min read

Asian Society of International Law Second Biennial Conference

The Asian Society of International Law, which was inaugurated in April 2007, is going to hold its second biennial Conference in Tokyo on 1-2 August 2009. It started Call for Panels/Papers. Please refer to its website for further information: http://www.asiansil-tokyo2009.com
Junji Nakagawa 13 Nov 2008 1 min read

Clarify versus Interpret

In a communication related to the AB's Hormones Suspension decisions, the U.S. says: 3. Accordingly it is clear that the Appellate Body can clarify, but not interpret or amend, any of the covered agreements, including the DSU. Putting aside "amend," it is not very clear
Simon Lester 12 Nov 2008 1 min read

Government Ownership of the Auto Companies

AP reports: Congressional Democrats are pushing legislation to send $25 billion in emergency loans to the beleaguered auto industry in exchange for a government ownership stake in the Big Three car companies. Here's what I wonder:  Will this make them "state enterprises" subject to GATT Article
Simon Lester 12 Nov 2008 1 min read

Panels, the AB, and the Role of Precedent

From the recent EC appeal in the Continued Zeroing (DS350) case: First, if the Panel Report is construed as finding that a panel can invoke "cogent reasons" for departing from previous Appellate Body findings on the same issue of legal interpretation (paragraphs 7.180 and 7.182 of
Simon Lester 11 Nov 2008 1 min read

Conference on "Fuel Rules - Energy and the WTO"

Details here: Don't miss this opportunity to learn about the latest issues on international trade in energy products and services, and how the WTO regulates such activities. Topics include: ·          An overview of the international legal regimes applicable to trade in energy products and services, with a particular focus
Simon Lester 11 Nov 2008 1 min read

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International Economic Law and Policy Blog

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Could Congress Extend the USMCA for Another Term?

People have been assuming that the decision on whether to extend the USMCA for another term is up to President Trump, but based on the language of the USMCA related to the upcoming joint review, could Congress actually have the power to make this decision on its own?
04 May 2026 4 min read

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

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