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The New Comparative Law: A Legacy of Hernando de Soto, and Laporta, Lopez, Schleifer, Vishny and Djankov

The World Bank has just published a new report on doing business in 175 countries, examining regulation and regulatory reform in a number of areas.  The central concern of the report is cost-benefit analysis of regulation:  what types of regulation that seem to provide little benefit are most costly?
Joel Trachtman 06 Sep 2006 1 min read

Airbus-Boeing Legal Wrangling

A few weeks ago, Joel posted about how Airbus has filed a motion in DC Superior Court to enjoin Wilmer Hale and Marco Bronckers from representing Boeing in the WTO aircraft disputes, in light of Bronckers' earlier work for Airbus. Airbus later challenged Charlene Barshefsky's role in
Simon Lester 01 Sep 2006 1 min read

Free book (and I get no commission)

This from Daniel Drezner's blog: . . . devoted fans of danieldrezner.com can click here to read my just-released book from the Council on Foreign Relations, U.S. Trade Strategy: Free Versus Fair . From the press release: While policymakers agree that promoting trade expansion serves U.S. national interests,
Joel Trachtman 31 Aug 2006 1 min read

The Appellate Body and Zeroing

Over at Opinio Juris, Roger Alford has a post criticizing the Appellate Body's findings on zeroing in the U.S. - Zeroing (DS294) case.  He also has an article on the subject, elaborating on his points in the post.  I haven't had a chance to read the
Simon Lester 28 Aug 2006 1 min read

The Way of the World: Bernanke on Globalization

Ben Bernanke, Chairman of the Fed, has made his views on globalization known in a well publicized speech. Globalization is nothing new, it is the way of the world, free trade is wonderful, a cross between liberty and gravity. This is all well rehearsed and unsurprising. Only towards the end,
Tomer Broude 27 Aug 2006 1 min read

"Plan B Is Always Inferior to Plan A"

Dr. Fred Bergsten, Director of the Institute for International Economics, wrote in Financial Times that a grand Asia-Pacific regional bloc, i.e., "Free Trade Area of the Asia-Pacific Region (FTAAP)," should be launched as a "Plan B" in the face of the moribund Doha
Sungjoon Cho 22 Aug 2006 1 min read

Consultations and Third Parties

The conventional wisdom in the GATT days was that complainants requested consultations under Article XXII when they wanted to attract third parties and negotiate, but under Article XXIII:1 when they did not want third parties intervening and didn't especially want to negotiate.  These days, it appears that
Marc Busch 22 Aug 2006 1 min read

More Papers Wanted

A new journal, The Africa International Trade Review, has put out a call for papers on its site: http://www.chr.up.ac.za/academic_pro/llm2/africa_international_trade_review.html The journal describes itself as: "This multi-disciplinary journal, a first in Africa, forms part of the
Simon Lester 17 Aug 2006 1 min read

New New Haven School?

This from the editors of the Yale Journal of International Law:I am writing on behalf of the Yale Journal of International Law to let you know that we have just issued our call for papers for our annual conference, which will take place this coming March. This year’s
Joel Trachtman 16 Aug 2006 1 min read

Narcotic MFN

From Sergey Ripinsky of the British Institute of International and Comparative LawI came across the rule in the US legislation (adopted in 1971), which requires to buy 80% of all narcotic raw materials from two countries - India and Turkey - and the remaining 20% from five other countries (the so-called
Joel Trachtman 15 Aug 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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