International Economic Law and Policy Blog (Page 65)

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The Latest U.S. Statement on WTO Dispute Settlement

In a statement at the Informal TNC and Heads of Delegation Meeting today, the United States said this about WTO dispute settlement: On dispute settlement, the United States believes that Members must undertake fundamental reform if the system is to remain viable and credible. The dispute settlement system can and

Workshop: Understanding the EU as a Good Global Governance Actor

Workshop: Understanding the EU as a Good Global Governance Actor Thursday, 1 July 2021 08:15 – 12:45 BST The event is jointly organised by the City Law School Institute for the Study of European Law & the H2020 EUTIP network. This work-in-progress symposium brings together the contributors for the

The Possibility of a U.S.-EU Resolution on the Section 232 Steel and Aluminum Tariffs

In an article from last week, Politico Pro had some interesting quotes from U.S. Trade Representative Katherine Tai on the issue of the Section 232 steel and aluminum tariffs. I wish I had the full transcript on this, but I don't, so I'll have to

Will the Biden Administration Add the Paris Agreement to the USMCA List of Environmental Agreements?

I've complained before about the lack of transparency in bilateral and regional trade agreements, so I appreciate the public virtual session of the Inaugural Meeting of the Environment Committee of the USMCA/CUSMA/T-MEC. And I appreciate our excellent Cato Trade Policy Center RA Alfredo Carrillo Obregon for

The G7 on Trade: Some Hope for US Return to Binding Multilateral Dispute Settlement?

Judged by the recent past, the G7 meeting in the UK (with key US allies) was a resounding success. But then again, the Trump administration created a low bar. In 2019, there was no G7 communiqué for the first time—because of divisions on trade. And in 2020 there was

The Airbus-Boeing Truce: What Exactly was Agreed?

Today the U.S. and EU announced a 5 year suspension of the tariffs that were in place after the WTO dispute settlement rulings in the Airbus-Boeing subsidy dispute. Lifting the tariffs is good news (although the U.S. made it clear that if the EU violates any "red

Katherine Tai on Labor Issues in the USMCA and at the WTO

In a speech today to the AFL-CIO, U.S. Trade Rep. Katherine Tai said the following: The USMCA agreement is a good example of what can happen when labor is at the table. It’s not perfect, but because we collaborated closely with President Trumka and many of the union

Cato Online Event (June 21): Can International Rules Improve Domestic Regulation of Digital Trade?

I was a little late to the party on digital trade agreements, so I'm trying to play catch-up. In order to educate myself, I decided to put together a Cato panel on the issues. Here's the description: Can International Rules Improve Domestic Regulation of Digital Trade?

The Biden Administration's Possible Use of Section 232

When the Biden administration took office, many of us hoped they would undo the domestic policy and international relations damage caused by the Trump administration's use of Section 232 and Section 301 to impose tariffs. In at least some cases, there were real underlying problems of various sorts

Note from Tom Prusa on World Bank’s Temporary Trade Barriers Database

This is from econ prof Tom Prusa: World Bank’s Temporary Trade Barriers Database Updated After at least 5 years without an update I recently discovered that the World Bank’s Temporary Trade Barriers Database was updated in March 2021. This database collects information on the use of temporary trade