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Principles of International Environmental Law

In paragraph 123 of its Hormones decision, the Appellate Body made the following statement: The precautionary principle is regarded by some as having crystallized into a general principle of customary international environmental law.  Whether it has been widely accepted as a principle of general or customary international law appears less
Trachtman 29 Jan 2008 1 min read

Harmonizing Transfer Pricing: Trade and Tax

Inconsistency between valuation for trade and tax purposes, and inconsistency in transfer pricing rules, has apparently risen to the top of the global agenda: Tax Notes International, Forthcoming Boston University School of Law Working Paper No. 07-29 RICHARD THOMPSON AINSWORTH, Boston University - School of Law Email: [email protected]
Trachtman 29 Jan 2008 1 min read

Trade in Everything: Soccer Players

From the AP: Argentine midfielder Marcelo Gallardo signed with D.C. United on Monday, the biggest of five South American additions to the club within the past week. The team also added Peruvian goalkeeper Jose Carvallo and Argentine defender Gonzalo Peralta on Monday as the team held its first preseason
Simon Lester 28 Jan 2008 1 min read

Disguised Protectionism and Brazil - Tyres

Over at Eyes on Trade, Todd Tucker had this to say in reaction to the Brazil - Tyres decision: No one would say that Brazil's enviro policy was the perfect solution to the problem. But many, many environmental policies are that imperfect. Perhaps due to other influences in
Simon Lester 28 Jan 2008 1 min read

Trade in Everything: Medical Tourism

From the NY Times, a report on U.S. men going to Mexico for a controversial medical treatment: PUERTO VALLARTA, Mexico — Some weekends, more than a dozen American men wait at beachfront hotels, anxious for their turns in the treatment room at a small private hospital here. They are medical
Simon Lester 27 Jan 2008 1 min read

Welcome to New Blogger Meredith Lewis

We have a new contributor:  Meredith Lewis of Victoria University of Wellington Law Faculty in New Zealand.  A big welcome to Meredith!
Simon Lester 25 Jan 2008 1 min read

Obama on Clinton on Trade

The U.S. Presidential campaign is getting somewhat heated on the Democratic side, and the acrimony seems to have spilled into trade policy: On trade [Barack Obama] also criticized her for saying one thing and taking another position when she decided to run for the presidency. “Because only in Washington
Simon Lester 25 Jan 2008 1 min read

From Last Night's Republican Debate: China Trade

The Republican candidates were debating in Florida last night. In response to a question about tax cutting, Governor Huckabee said the following: But let me speak to the really heart of what I think a lot of Americans are concerned about with the economy. And frankly, in talking about the
Simon Lester 25 Jan 2008 3 min read

The Candidates' Economists on Trade

Over at Eyes on Trade, Holly Shulman has a great post about a conference in which several of the Presidential candidates' economic advisers talked about their views on economic issues.   She "loosely transcribed" what they said on trade.  Here are some snippets (there is more at her
Simon Lester 24 Jan 2008 1 min read

Fast Track to Trade Promotion Authority

I just happened on a very nice compilation of the U.S. Trade Promotion Authority law and background materials.  It is at http://finance.senate.gov/TradePromotionAuthority.pdf
Trachtman 24 Jan 2008 1 min read

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International Economic Law and Policy Blog

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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2008 Presidential Election

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