International Economic Law and Policy Blog

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Trade Agreements

16 posts

Some Interesting Provisions in the EU-Mercosur Interim Trade Agreement DS Chapter

We appear to be moving closer to a completed EU-Mercosur trade agreement, with the European Council announcing last week that it had "adopted two decisions authorising the signature of the EU-Mercosur Partnership Agreement (EMPA) and of the Interim Trade Agreement (iTA) between the EU and Mercosur." It also

Questions about the Trump Administration's Trade Deals and Compatibility with WTO Obligations

An issue that has been raised in relation to the Trump administration's various trade deals is whether they are compatible with WTO obligations. GATT Article XXIV, along with the Uruguay Round Understanding on the Interpretation of Article XXIV, sets out specific conditions that bilateral/regional deals on trade

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

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.

Trump's Cambodia Trade Deal, Arms Exports, and the Role of Non-Trade Concessions

In this post, I'm going to talk about some aspects of the recent U.S. trade deal with Cambodia that I haven't heard raised yet, including the following questions: (1) Is the decision to allow U.S. arms exports to Cambodia pursuant to this deal designed to boost U.S. manufacturing?

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.

Have the Japanese turned investment lemons into investment project lemonade?

Last week, the governments of the United States and Japan completed a Memorandum of Understanding (MOU) to flesh out the details of a $550 billion pledge to invest in the United States made as part of the bargain to ‘buy down’ the tariffs imposed on Japanese traded products. For months,

EU Security Concerns and the U.S.-EU Trade Deal

A little while back, I asked the question "To What Extent Are the Trade Negotiations about Security?" At that time, we were starting to get hints about the relevance of the Ukraine war to the U.S.-EU trade negotiations. In the last week or two, we've been getting more clarity on this.

What to Expect When You’re Expecting a Trade Deal

There is widespread speculation about trade agreements that may be coming in the next 10 days (or soon after), including their form and what they might contain. What should we expect? The most reliable rumors are that some agreements have been drafted and are likely to be announced by the

A Few Questions and Answers (and Then More Questions) about Trump's Trade Deals

As part of the questions for the record for U.S. Trade Rep. Jamieson Greer after he testified before the Senate Finance Committee on April 8, there was an interesting exchange between Senator Ron Wyden (D-OR) and Greer related to any trade deals resulting from the IEEPA "reciprocal"