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Risk regulation

There is an interesting review of Sunstein's controversial book - The Laws of Fear - and a reply by Cass Sunstein in the Feb. issue of the Harvard Law Review. The review is by Paul Slovic among others and takes issue with Sunstein for ignoring cultural perceptions on
joannescott 22 Feb 2006 1 min read

More on Port Management

The proposed legislation to ban foreign-government-owned firms from managing US ports has been defended by some as a national security measure. At some level of generality, of course, GATT law regards national security claims as self judging and therefore unreviewable (I have a discussion of this issue in my forthcoming
Paul Stephan 21 Feb 2006 2 min read

Lamy Chat and Deliberative Democracy

Well, I woke up early this morning, checked my e-mail and saw a notification from the WTO that the chat was about to begin.  I thought to myself "I'm late, so I will never get admitted--the limit is 500 chatters."  I suppose I got lucky, because
Trachtman 21 Feb 2006 1 min read

GATS and Port Management

Senator Clinton apparently has introduced legislation that would bar firms owned by foreign states from managing US ports. The bill is aimed at the takeover of P & O, a company that currently manages six US ports, by Dubai Ports World, which belongs to the United Arab Emirates. The purported
Paul Stephan 21 Feb 2006 1 min read

Money 301

The U.S. Treasury is considering whether to label China a "currency manipulator."  Apparently, this designation would have certain effects under 22 U.S.C. 5304, 5305 and 286y .  A 2005 Treasury report states that Title 22 U.S.C. 5304 requires, inter alia, that the Secretary of
Trachtman 19 Feb 2006 1 min read

Mittal and the WTO

Mittal is playing the WTO card on the French steel investment issue, courtesy of Kamal Nath, Indian trade minister (see Reuters report). From the sidelines, and without any prejudice to the merits of the Indian claims themselves, there is something poetically just about this development. See how Nath almost gleefully
Tomer Broude 17 Feb 2006 1 min read

Readjusting the U.S. Trade Policy on China

On February 14, 2006 the USTR released a comprehensive review of the U.S.-China trade relation in a report titled “U.S.-China Trade Relations: Entering a New Phase of Greater Accountability and Enforcement.” (http://www.ustr.gov/assets/Document_Library/Reports_Publications/2006/asset_upload_file921_8938.pdf)
Sungjoon Cho 16 Feb 2006 2 min read

Bristol-Myers and AIDS

Ineresting story in yesterday's NEW YORK TIMES (p. A6). Bristol-Myers is to allow the newest and most powerful AIDS drug (atanazavir - a second line treatment for those who have developed resistance to their first anti-viral cocktails) to be licensed to generic drug makers in India and South
joannescott 16 Feb 2006 1 min read

ECJ Trade and Environment

Trade and Environment in the European Court Over the last couple of years the ECJ has issued some interesting judgments on trade and environment. The most recent - Case C-320/03 of 25th November 2005 Commission v. Austria - concerns an Austrian measure to prohibit lorries of more than 7.
joannescott 16 Feb 2006 1 min read

More Bloggers

With the excellent addition of Tomer Broude and Sungjoon Cho, we now have a large enough group to keep things interesting.  I look forward to their stimulating posts.
Trachtman 15 Feb 2006 1 min read

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International Economic Law and Policy Blog

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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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