International Economic Law and Policy Blog (Page 47)

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The Transatlantic Alignment on a Transnational Subsidy

The U.S. Department of Commerce has proposed a new agential interpretation on the countervailability of the so-called “transnational subsidy.” What is a transnational subsidy? Wentong Zheng and I have recently discussed this issue in an article. Here are some relevant excerpts: Suppose that a foreign company (A) from

Warren, Doggett, et al. Letter on Removing ISDS from Existing Agreements

Thirty-three Democratic members of Congress, led by Senator Elizabeth Warren and Congressman Lloyd Doggett, recently sent a letter to U.S. Trade Rep. Katherine Tai and Secretary of State Antony Blinken about ISDS. One point they made in the letter is that ISDS should be removed from existing investment

Pigs and World Trade

Pigs and World Trade 11 May 2023 The decision by the US Supreme Court today in National Pork Producers Council v. Ross has profound implications for international trade. By validating the constitutionality of PPM-based domestic trade restrictions on what belongs in California stores, the Court has prioritized local government

Negotiating After a Loss – ADR and the US Steel Tariff Cases

How can the WTO facilitate negotiation between disputing WTO Members? DSU Article 5 offers all disputing WTO Members flexible dispute processes via good offices, conciliation, or mediation. Such proceedings may begin at any time (see fn 59), end at any time, precede formal dispute proceedings, and continue while a panel

Does Ro Khanna Want To Get Rid of the Specificity Requirement in WTO Subsidies Rules?

In a recent post, I quoted a speech by Congressman Ro Khanna, in which he said: The US needs to work with our allies to pursue a broad WTO dispute case against the PRC. One hurdle is that the current Dispute Settlement process cannot litigate in key China-related areas

Jake Sullivan on International Economics and Industrial Policy

White House National Security Advisor Jake Sullivan gave a speech last week on the Biden Administration's international economic agenda, with follow-up questions from a Brookings senior fellow and the audience. The video and transcript of the whole event are here (a transcript of the opening remarks is

WTI Seeks Professor of International Economic Law with a Specialization in Trade Law

This is from the World Trade Institute: The World Trade Institute, a strategic centre of the University of Bern, and a leading centre of applied research on and teaching of international economic law, economics and politics, invites applications for the position of an Associate / Full Professor for International Economic Law

Call for Submissions: Trade, Law and Development

This is from the National Law University, Jodhpur, India: The Board of Editors of TL&D is pleased to announce “Sustainability and Inclusivity: Evolving Paradigms of the Global Economy” as the theme for its next Special Issue (Vol. XV, No. 1). While the theme is broad enough to cover

Book discussion: Manifestations of Coherence and Investor-State Arbitration, 2 May 2023, 5 pm – 6 pm (SGT) / 11 am – 12 pm (CEST)

This is from the Centre for International Law of the National University of Singapore: The Centre for International Law of the National University of Singapore cordially invites you to attend a virtual book discussion under the theme “Manifestations of Coherence and Investor-State Arbitration”. The coherence of decisions produced in

Some Interesting Reporting on U.S. Proposals for WTO DS Reform

Geneva-based reporter Ravi Kanth has two detailed pieces (here and here) on U.S. proposals for WTO dispute settlement reform, and the reaction of other Members to those proposals. It's difficult to analyze all of this without seeing the actual U.S. proposals, but I'm