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Economic and National Security Provisions in U.S. Trade Agreements

A few weeks ago, I wrote a post cautioning everyone to "Beware the 'Securitization' of Trade Policy." So far, however, it looks like my post has been a big failure, as many people seem to be throwing caution to the wind, and instead of being wary
Simon Lester 03 Nov 2025 4 min read

Bound Rates and the Stakes of the Cambodian Trade Deal

Far from being incoherent, the United States’ recent moves against trading partners suggest a unique restructuring of its economic structure, with executive-dominated foreign investments planned to drive much of its future economic growth. I’ll focus on the Agreement concluded with Cambodia for this post. Cambodia has not signed a
Mona Paulsen 31 Oct 2025 9 min read

The Future of U.S. Big Tech and Social Media (and a Quick Thought on Manufacturing)

As the saying goes, it's difficult to make predictions, especially about the future, but in a piece I wrote for the Baker Institute, I argue that the social media landscape is going to become smaller and more global, with U.S. big tech control declining. Is this just
Simon Lester 30 Oct 2025 3 min read

Tracking Foreign Investments in the U.S. Pursuant to Trump's Trade Deals

According to President Trump and his administration, one of the most important elements of the trade deals they are negotiating right now is the commitments being made by foreign governments and companies to invest in the U.S. The aggregate figures mentioned in this regard have been as high as
Simon Lester 29 Oct 2025 2 min read

Some Questions about the Cambodia and Malaysia Trade Deals

The White House released the texts of trade agreements with Cambodia and Malaysia today. I have lots of questions about this.
Simon Lester 26 Oct 2025 3 min read

Why Not Use the Phase One Deal's Enforcement Mechanism?

On Friday, USTR initiated a Section 301 investigation of "China’s implementation of the Economic and Trade Agreement Between the Government of the United States of America and the Government of the People’s Republic of China ('Phase One Agreement')."
Simon Lester 26 Oct 2025 3 min read

International law aspects of the U.S.-Australia critical mineral and rare earth deal

Upon reading the US-AUS framework concerning the financing of rare earth mining. While there is very little to go on, I wanted to share some thoughts that connect current assessments with what we know about international investment law and existing institutional development. The Framework commits $1 billion in financing projects
Mona Paulsen 24 Oct 2025 4 min read

Grossman and Sykes on Reciprocity in U.S. Trade Relations

In a new paper entitled "Commandeering the Customs: An Economic and Legal Perspective on the President’s 'Emergency' Imposition of 'Reciprocal Tariffs'," professors Gene Grossman and Alan Sykes push back on the idea that there is a lack of reciprocity in U.S. trade
Simon Lester 24 Oct 2025 6 min read

How Should the U.S. Respond To China's Non-Market Practices?

In an interview last week, Treasury Secretary Scott Bessent talked about the Trump administration's response to China's non-market practices. Part of this response, as he presents it, has been for the U.S. to pursue a specific version of state-led industrial policy as a defensive measure.
Simon Lester 20 Oct 2025 5 min read

Checking In On the Trump Administration's Drug Price Control Plans

Following up on two previous posts I did on this issue, let's see how the Trump administration's plan to push drug prices in the U.S. down while pushing drug prices in other countries up is going. At the end of September, Trump announced "the
Simon Lester 16 Oct 2025 4 min read

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International Economic Law and Policy Blog

International Economic Law and Policy Blog

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Guest Post: Are President Trump’s New Section 122 Tariffs Legal?

This is a guest post from Bryan Riley and Joe Bishop-Henchman. Bryan is Director of the Free Trade Initiative at the National Taxpayers Union; Joe is Executive Vice President at the National Taxpayers Union Foundation President Trump has issued new 10% tariffs, shortly after raised to 15%, based on Section
24 Feb 2026 6 min read

Section 122 as a (Partial) Replacement for the IEEPA Tariffs

Apparently, this is the era of dusting off old international economic policy statutes and figuring out what they mean and how they work. After the Supreme Court's ruling today in Learning Resources, holding that "IEEPA does not authorize the President to impose tariffs," we are now
20 Feb 2026 5 min read

Comparing the Forced Labor Provisions in the New U.S. Trade Deals

Continuing my multi-part blog posting series on comparing provisions in the Trump administration trade agreements, let's look now at the provisions that try to induce U.S. trading partners to take action against imports made with forced labor.
20 Feb 2026 4 min read

AOC on Foreign Policy and Trade Policy

AOC spoke on a couple panels last week at the Munich Security Conference and also spoke at the Technische Universität Berlin, and this European trip was widely seen as a move to establish some foreign policy credentials for a presidential run.
17 Feb 2026 12 min read

Comparing the Enforcement Provisions in the New U.S. Trade Deals

Building on the comparison of trade agreement provisions in my last post, let's take a look at the "enforcement" provisions of the six agreements for which the legal texts have been published.
11 Feb 2026 4 min read

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