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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

Some Gambling Case Irony

From a gambling news web site: Gary Loveman, CEO of Harrah's Entertainment, announced at the Global Gaming Expo in Las Vegas that the World Series of Poker may soon branch into online formats in Europe. ... The irony of the move by Harrah's, and part of the
Simon Lester 15 Nov 2007 1 min read

More on (Alleged) Tax and Trade Inequities

I posted a while back on the treatment of different tax systems (direct vs. indirect systems) under trade rules.  Here's an FT op-ed that makes the case that the current system is unfair to U.S. producers.  The authors argue as follows: In 2005, 137 nations accounting
Simon Lester 14 Nov 2007 1 min read

Coming Soon: The EC - Salmon Panel Report

It is being reported that the EC - Salmon WTO panel report, which deals with an anti-dumping determination, will be circulated this Friday. According to Norway, the final report "is the same as the interim decision in August, which Norway considered a victory." According to the EC, "
Simon Lester 14 Nov 2007 1 min read

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