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Appellate Body Update

A little news about the Appellate Body situation: Taiwan's decision to block the appointment of a Chinese judge to the World Trade Organisation's top court threatens an institutional crisis, a key official warned. ... 'I'm extremely concerned that if the situation persists much longer
Simon Lester 23 Nov 2007 1 min read

"China's currency is undervalued and increased flexibility is 'essential' ...'"

No, that's not a quote from a U.S. Senator, but from a member of the People's Bank of China's monetary policy committee.  Here's more from a Bloomberg article: China's yuan rose beyond 7.4 to the dollar for the
Simon Lester 22 Nov 2007 1 min read

A Subsidy-Free Thanksgiving

I don't have a link for this because it came in an email (from AEI): America ’s farmers are highly productive, as Thursday’s Thanksgiving meal demonstrates. The Census Bureau reports that U.S. farmers this year will raise 272 million turkeys and produce 690 million pounds of
Simon Lester 22 Nov 2007 1 min read

The Carbon Border Tax in Reverse?

Most of the talk about carbon border taxes involves imposing taxes/charges in a manner that might discriminate against China and other developing countries.  But could China impose a border tax of its own?  They might not be there quite yet, but they seem to be thinking about these kinds
Simon Lester 21 Nov 2007 1 min read

More Criticism of the VAT Versus Income Tax Distinction

As noted in an earlier post, I don't know if this issue is building up momentum, but I seem to be coming across it quite a bit.  This is from an op-ed in the Boston Globe: The second core problem is hidden foreign tariffs called value-added
Simon Lester 21 Nov 2007 1 min read

Teson on Trade

Fernando Teson (with co-author Jonathan Klick) has an interesting take on trade and global justice. See here. This is the abstract: "Economists generally agree that free trade leads to economic growth. This proposition is supported both by theoretical models and empirical data. Further, while the empirical evidence is
Tomer Broude 20 Nov 2007 1 min read

Appellate Body Appointments Blocked

Diplomatic maneuvering of some sort: Taiwan on Monday blocked a World Trade Organization meeting that would have appointed new judges to the WTO appeals body, including the first Chinese member. Chinese attorney Yuejiao Zhang appeared set for nomination to the seven-member panel until Taiwan made the rare move of
Simon Lester 19 Nov 2007 3 min read

The Economist on Carbon Border Measures

The Economist has two articles this week on the America's Climate Security Act (ACSA), a bill in the U.S. Senate.  They are generally in favor of its goals (reduction of greenhouses gases through a cap-and-trade scheme), but have a concern about one aspect of it.
Simon Lester 18 Nov 2007 2 min read

Panel on Irwin & Mavroidis, Creating the GATT

Creating the General Agreement on Tariffs and Trade:What the Founders Intended, What They Got, and What It Means TodayThursday, November 29, 2007, 9:00–11:00 a.m.Wohlstetter Conference Center, Twelfth Floor, AEI1150 Seventeenth Street, N.W., Washington, D.C. 20036International trade scholars Douglas Irwin of Dartmouth College
Simon Lester 16 Nov 2007 1 min read

It's Not Just Agriculture

The zeroing litigation seems to be winding down (albeit very slowly), but the zeroing negotiations may be heating up.  From Reuters: Congress is likely to reject a world trade agreement unless it restores eroded U.S. ability to impose duties on unfairly traded imports, a pair of senior Democratic lawmakers
Simon Lester 15 Nov 2007 1 min read

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Featured

Why Section 338 Does Not Work in a GATT/WTO World: Lessons from Trade Law History

On July 21, 2026, President Trump exercised his authority under Section 338 of the Tariff Act of 1930 (hereinafter Section 338) to impose the maximum amount of additional tariffs (fifty per cent) on Canadian cars, alcohol, and dairy, owing to his determination of Canada’s discriminatory treatment of US exports.
23 Jul 2026 10 min read

EU WTO Reform Proposal Seeks To Extend Accession-Based State Enterprise Rules To All Members

In a new WTO reform paper entitled "Further Reflections on Disciplines, Subsidies and Industrial policy," the EU argues for stronger WTO disciplines on the behavior of state enterprises.
17 Jul 2026 5 min read

Governments Make Their Case Against Section 301 Forced Labor Tariffs

Last month, USTR made a determination in its Section 301 investigation into "Acts, Policies, and Practices of Various Economies Related to the Failure To Impose and Effectively Enforce a Prohibition on the Importation of Goods Produced With Forced Labor."
10 Jul 2026 5 min read

How Should the EU Get Tough with China? Unilateral Action vs. WTO Complaints

I've seen several recent calls for the EU to get tougher in its economic relations with China, along with arguments that it has been too slow to act against the Chinese economic threat.
06 Jul 2026 4 min read

Trump Administration Decides Not To Extend USMCA for Another Term: What Does That Mean Exactly?

Today, as part of the first joint review of the USMCA, the three governments held a virtual meeting.
01 Jul 2026 4 min read

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