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A New Central Organizing Principle for U.S. Trade

In the US Trade Regime class I teach with Matt Nicely, our unit on the regime’s import side has traditionally begun with a review of how the United States classifies trading partners … the “ordinary,” “preferred” and “rogue” categories associated with columns 1a, 1b and 2 (respectively) of the Harmonized
John Magnus 08 Dec 2025 2 min read

Three Explanations for the Foreign Investment Pledges

In recent months, President Trump and the Trump administration have been touting a $20 trillion or so figure that they say foreign companies/governments have pledged to invest in the U.S. I've had trouble figuring out what to make of all this, but I have three theories
Simon Lester 08 Dec 2025 4 min read

Economic Security in Trade Agreements: My Response to Geoff Gertz

Thanks to Geoff for laying out his vision of why economic security should be in trade agreements and how to bring it in. It won't surprise anyone to hear I have some additional comments and questions in response!
Simon Lester 04 Dec 2025 10 min read

Guest Post: The Case for Bringing Economic Security Priorities into U.S. Trade Agreements, Part II

This is a guest post from Geoffrey Gertz of the Center for a New American Security (CNAS), responding to my post on Economic and National Security Provisions in U.S. Trade Agreements An earlier post made the case for why the United States should bring economic security commitments into trade
Simon Lester 01 Dec 2025 3 min read

Tiptoeing into the Polycene:[1] Launch of the Integrated Forum on Climate Change and Trade

On November 7, during the Belém Climate Summit, President Luís Inácio Lula da Silva of Brazil launched the Integrated Forum on Climate Change and Trade (IFCCT).  The IFCCT is a recognition of the need to integrate trade policy and climate policy.  It is a “space for dialog” intended to “bring
Trachtman 26 Nov 2025 2 min read

Guest Post: The Case for Bringing Economic Security Priorities into U.S. Trade Agreements, Part I

Thanks to Simon for kickstarting a debate on the prospect of bringing economic security provisions into trade agreements, and for allowing me to respond here.
Simon Lester 26 Nov 2025 4 min read

Symposium on Tariffs and Trade Wars

Law professor Csongor István Nagy sends the following: Jointly organized by the ELTE Centre for Social Sciences, Institute for Legal Studies, the University of Galway’s LLM in International and Comparative Business Law, and the Hungarian Journal of Legal Studies, this hybrid symposium on December 2, 2025 offers insight into
Simon Lester 24 Nov 2025 1 min read

Exemplars vs. Precedents in WTO Law

As most of this blog's readers are aware, there has been controversy over the "permissible interpretation" language in the legal standard of review in AD Agreement Article 17.6(ii).
Simon Lester 20 Nov 2025 4 min read

Should Congress Codify Trump's Trade Deals?

For the purposes of domestic law, the trade deals negotiated by the Trump administration have been concluded as executive agreements, and there is no indication that the administration wants Congress to approve them via statute. Some members of Congress have raised this possibility though.
Simon Lester 17 Nov 2025 4 min read

Impact of the October 2025 US-China Detente On United States-Mexico Trade

On October 29, 2025, President Trump and Chinese Communist Party Chairman Li concluded a limited detente in their ongoing trade war. (U.S-China Trade Agreement) This trade deal, largely a return to the status quo in February-April 2025 is scheduled to continue for a year. The compromise was essential to
David A. Gantz 13 Nov 2025 11 min read

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International Economic Law and Policy Blog

International Economic Law and Policy Blog

Expert commentary on the law, politics and economics of international trade and investment

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Trade War Games (Review of How To Win a Trade War)

This blog post will offer a brief review of "How To Win a Trade War," by famous podcasters and think tankers/journalists Chad Bown and Soumaya Keynes. I wanted to post something in time for their official book launch (which is today), but I only got the book
20 May 2026 8 min read

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

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