International Economic Law and Policy Blog (Page 73)

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The ITC Report on the Economic Impact of Trade Agreements

In response to a request from Congress (via statute), the U.S. International Trade Commission has issued its second report on the Economic Impact of Trade Agreements Implemented Under Trade Authorities Procedures (the previous report is here). The request covered "all trade agreements with respect to which Congress has

Decision & Democracy at the WTO: An Insightful New Study Offers a Genealogy of the Consensus Norm

After Trump, multilateralism is supposedly back. According to US Secretary of State Antony Blinken, it is "still our best tool for tackling big global challenges." In the case of trade, of course, multilateralism means, primarily the WTO. The Organization's approach to decisionmaking-"consensus"-allows

SIEL 2021 Conference

This is from SIEL: SIEL is pleased to invite you to its seventh online Biennial Conference. SIEL’s 2021 Biennial, will take place July 7-9. Registration is now open, please secure your place here https://siel2021.mticket.it/eng/. The 2021 Biennial Global Conference will link international economic law

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

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

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 "

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