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Welcome to the Club!: China Passed the Anti-Monopoly Law

China passed the landmark “Anti-Monopoly Law” on August 30, 2007 after more than a decade’s deliberation. (Landmark anti-monopoly law passed, China Daily/Xinhua; Investors fear over China monopolies law, Financial Times). The law reads “As well as anti-monopoly checks stipulated by this law, foreign mergers with, or acquisitions of,
Sungjoon Cho 31 Aug 2007 1 min read

Another WTO "Sin" Dispute?

Why is it that so many of the good discrimination cases are about products like alcohol and cigarettes?  Here's another one that is in its early stages but might lead to a formal complaint at some point: The [Indonesian] government has warned the United States Trade Representative against
Simon Lester 30 Aug 2007 1 min read

Flexibility of the Yuan in exchange for the Removal of the NME status? A "win-win" Bargain between the US and China?

In a recent note, Gary Hufbauer envisages a possible bargain between the United States and China where in exchange of concessions by China about "currency practices and other issues, the United States could declare China a market economy." My impression is that this scenario could very well turn
Marc Benitah 29 Aug 2007 1 min read

The China Currency Issue: One Solution

This seems like a sensible approach to me: US and EU pressure on China to revalue the renminbi create the mistaken impression that there is an unavoidable conflict of interests. A switch by China to a more flexible exchange rate regime, accompanied by a shift to a new nominal anchor,
Simon Lester 25 Aug 2007 1 min read

TLAs

Many of us in the trade cognoscenti toss about acronyms with abandon.  It can be deeply frustrating to students and others.  But here comes a web-based solution:  http://www.acronymfinder.com/.  Give it a try.  My first try was SPS--not very successful.  TBT did a lot better.  Oh, and a
Trachtman 24 Aug 2007 1 min read

Who are the International Judges?

Over at the Conglomerate, David Zaring identifies "which American arbitrators are most likely to handle ICSID disputes": Charles Brower is our iron man, with 6 concluded and 6  pending arbitrations under his belt. He is an emeritus White & Case partner. Michael Reisman (Yale, 4 pending)), and Andreas
Simon Lester 23 Aug 2007 1 min read

Unilateral Tariff Reduction

Writing in Foreign Policy (subscription required, I think), Moisés Naím says: China, India, the former Soviet Union, and many other countries launched major reforms that deepened their integration into the world’s economy. In developing countries alone, import tariffs dropped from an average of around 30 percent in the 1980s
Simon Lester 22 Aug 2007 1 min read

North American Union or North American Cooperation?

Should those concerned with sovereignty be worried about a powerful, sovereignty-impinging "North American Union," as some groups apparently are, emerging from the Security and Prosperity Partnership (SPP), which provides a framework for cooperation between Canada, Mexico and the U.S.? Over at Opinio Juris, Julian Ku is not
Simon Lester 21 Aug 2007 1 min read

Introducing the Society of International Economic Law

August 17, 2007 Press Release The Society of International Economic Law: Inaugural Conference, July 15-17, 2008 Members of the international economic law community have created a new organisation called the Society of International Economic Law (SIEL). The organisation will foster co-ordination, collaboration and debate between International Economic Law (IEL) scholars
Simon Lester 17 Aug 2007 1 min read

Chinese Imports and the U.S. Presidential Campaign

As a trade lawyer, it's exciting for me to see GATT Article XX invoked, implicitly anyway, in the U.S. Presidential campaign: Presidential Candidate Chris Dodd called for suspending all imports of toys and food from China  ... "This is an issue of safety," said Dodd. "
Simon Lester 15 Aug 2007 1 min read

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Tracking Goods Exports under the Trump Administration's Trade Policies

My sense is that one of the reasons some traditionally pro-trade members of Congress have continued to support Trump's trade policies, despite misgivings they may have about tariffs, is because they hope these policies will pry open foreign markets, leading to increased US exports.
07 May 2026 8 min read

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

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