Subsidies

Cato held a panel discussion yesterday on subsidies and subsidy discipline.  A central theme explored was how the United States can exert global leadership in the field of subsidy control and enlightened self-restraint.  I contributed a suggestion raising some potentially complex legal (maybe constitutional) issues that might benefit from commentary

What is the goal of the subsidies rules in the WTO's SCM Agreement?  In an article in the Melbourne Journal of International Law, I argue that the rules can be characterized as fighting "protectionism."  Furthermore, I contend, the Appellate Body's interpretations of particular SCM

Yesterday brought news of an AC/CVD petition in the U.S. in relation to imports of Chinese solar panels.  Here's the FT: A coalition of US solar panel manufacturers asked on Wednesday for retaliatory tariffs on imports of panels from China, the first such case filed in

From economist Don Boudreaux: As an empirical matter ... the costs of subsidies are borne chiefly by citizens of the country whose government uses subsidies while the benefit of subsidies is enjoyed overwhelmingly by that country’s trading partners. Still – because trade makes markets less and less national and more and

From the June 1 DSB meeting, here are the views of Brazil, Canada and Australia -- three Members who have been involved in export subsidy cases -- on the Appellate Body's new export contingency standard, as set out in EC - Aircraft: Brazil 15. Turning to export subsidies,

Former Appellate Body Member Jim Bacchus makes the case for cutting farm subsidies: The federal budgetary squeeze on agricultural subsidies offers the President and Congress a beckoning opportunity to seize and shape a grand global bargain on international trade. We could trade new cuts in farm subsidies for new markets

In case there was any doubt that the issue of whether subsidies can be "extinguished" through privatizations or other sales of a company, the three members of the Appellate Body Division in EC - Aircraft set out three separate opinions on the issue: 726. Although the Members of

From the report: 1044. Because anticipated exportation "alone is not proof that the granting of the subsidy is tied tothe anticipation of exportation"2342, the legal standard for  de facto  export contingency under Article 3.1(a) and footnote 4 of the SCM Agreement further requires that there