International Economic Law and Policy Blog (Page 452)

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More Pressure for an OPEC WTO Case

From a press release by Sen. Frank Lautenberg Today, a coalition of eleven Senators led by Sen. Frank R. Lautenberg (D – NJ) called on the Bush Administration to take action in the World Trade Organization (WTO) against eight Petroleum Exporting Countries (OPEC) by ordering United States Trade Representative (USTR) Ambassador

India-Additional Duties and the Burden of Proof

From an initial reading (and for the sake of discussion), the latest Panel Report (DS360 -- India - Additional and Extra-Additional Duties on Imports from the United States) released last week appears to enrich WTO jurisprudence on the fundamentals of tariff bindings under Article II GATT, if only because of

Obama's New Economics Adviser

How much do a candidate's advisers matter? I'm not sure, but there has been some concern expressed on the left about a new economics guy hired by Obama: Sen. Barack Obama, D-Ill., underscored his affinity with Democratic centrists this week when he tapped Jason Furman, who

McCain on NAFTA and Trade Agreements

In a recent speech, John McCain was unequivocal in his support for trade agreements: Unfortunately, Senator Obama has a habit of talking down the value of our exports and trade agreements. He even proposed a unilateral re-negotiation of NAFTA -- our agreement with Canada and Mexico that accounts for 33

Fear of Foreign Beer

There is talk of Anheuser-Busch being bought: Anheuser-Busch Cos., the nation's biggest brewery, received a $46 billion buyout offer Wednesday from a Belgian brewer that might be too good to refuse. The maker of Budweiser beer disclosed late Wednesday that InBev SA, whose brands include Beck's

Brookings Event on Climate Change, Trade and Competitiveness

The conference is over, but the papers are up on the Brookings web site: http://www.brookings.edu/events/2008/0609_climate_trade.aspx Here's a brief summary: On June 9, 2008, Brookings convened more than 70 stakeholders for a conference on “Climate Change, Trade and Competitiveness.” The

The "Kicking Away the Ladder" Syndrome and Developing Countries in the Doha Round

When one attempts to understand the philosophy of Developing Countries in the Doha Round, there is a much neglected idea that developing Countries negotiators do not like to express explicitly in broad daylight. It is however a powerful force behind their positions. This idea is that the Doha Round must

Would The Failure of the Doha Round Take the WTO Down With It?

I have noticed in a recent article in the Washington Post the resurgence of an idea which is frequently mentioned, namely that the failure of the Doha Round would mean the end of the WTO: the time is fast approaching when [Lamy] must step in, lest the Doha round fail,

Fine-Tuning the Discrimination Against Foreign Ethanol

From a press release related to a Senate bill to reduce ethanol tariffs: U.S. Senator Judd Gregg (R-NH) today introduced a bipartisan measure with Senator Dianne Feinstein (D-CA) to reduce the tariff on imported ethanol. If passed, the legislation would allow U.S. refiners to purchase cheaper and more

The Global Trade Watch Vision of Trade Agreements

I've often wondered what trade critics like Global Trade Watch thought trade rules should look like. They don't like what we have now, but what do they want? Now I have a better idea of this, as they have endorsed a new House trade bill. Here&