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Posner and the Rule of (WTO) Law

In an early post on this blog, Joel cited some articles by and about Judge Richard Posner, and noted that while Posner accepts that there are limits, he refuses to accept a clear line between interpretation and policy-making.  This line is, if not the definition of the "rule
Simon Lester 05 Dec 2006 4 min read

An Exercise in (Trade Policy) Legitimation?

Hold your breath.The EU is putting trade policy to public task: http://www.iht.com/articles/2006/12/04/business/trade.php . Is this like putting liberalization to public referendum? If the outcome is negative, could it justify trade restrictions? If it is positive, could it justify openness? One
Tomer Broude 05 Dec 2006 1 min read

"Investment and..."

" Interactions between Investment and Non-Investment Obligations in International Investment Law " by my Hebrew University Colleague Prof. Moshe Hirsch is a systematized analysis of investment tribunals' treatment - perhaps the first - of the overlap between investment law and other areas of international obligation. It's available at
Tomer Broude 05 Dec 2006 1 min read

Cape Town Convention

This paper came across on SSRN, and looks interesting, both in terms of the subject it describes, and the method by which it evaluates the benefits of this convention. "Innovation in International Law and Global Finance: Estimating the Financial Impact of the Cape Town Convention" Author: ANTHONY SAUNDERS
Joel Trachtman 04 Dec 2006 1 min read

Biotech Panel Report

Unlike the rest of the world, I have made it a practice not to read leaked WTO panel reports.  I do this out of respect for the integrity of the WTO dispute settlement system.  Therefore, I did not have occasion to consider tackling the new Biotech report until it was
Charnovitz 03 Dec 2006 1 min read

Unappealing Biotech Products

It appears that the EC has decided not to appeal the panel ruling in Biotech.  Why?  And what are the jurisprudential and practical implications of this decision?
Joel Trachtman 03 Dec 2006 1 min read

Trade in Waste Products

In the ongoing retreaded tires dispute, part of Brazil's defense is that it should be able to restrict imports of used tires because of the environmental damage they cause.  But the problem seems to be a more general one, applying to other forms of waste products: Devising measures
Simon Lester 28 Nov 2006 1 min read

Evraz of Russia to buy Oregon Steel for $2.3 billion

Following up on Joel's post that the "Russians are Coming," Evraz Group SA, a steel maker partly owned by billionaire Roman Abramovich, agreed to buy Oregon Steel Mills Inc. for $2.3 billion, the biggest-ever purchase in the U.S. by a Russian company. http:
Simon Lester 21 Nov 2006 1 min read

The Precautionary Principle

Over at Opinio Juris, Roger Alford has an interesting post on the precautionary principle.  Among other things, he notes: Of course, there are mild and strong versions of the precautionary principle. As Cass Sunstein has noted in this article, a mild version rather benignly posits that "a lack of
Simon Lester 20 Nov 2006 1 min read

The Future of the Online Gambling Ban

In an earlier post, I optimistically predicted that the online gambling ban would be repealed or modified in a little over two years.  This article makes my prediction seem way off the mark: Even if more libertarian minds prevail in the online gambling debate, Stewart says it could take at
Simon Lester 20 Nov 2006 1 min read

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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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