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Trade Agreements

24 posts

Biden’s Worker-Centered Trade Policy: Whose Workers?

As Simon mentioned in an earlier post, various labor-related complaints and requests under USMCA are “heating up.” This activity reinforces the Biden Administration’s new “worker-centered trade policy” that, according to USTR Ambassador Katherine Tai, “will foster broad-based, equitable growth, increase innovation, and give workers a seat

Questions (and Perhaps Some Answers) on the US-Japan Trade Agreement and GATT Article XXIV

I've heard it said informally that the U.S. - Japan trade agreement is an "interim agreement" under GATT Article XXIV:5. But I haven't seen either party make an official statement to that effect. It looks like members of Congress may be pressing USTR

The U.S.-Japan Trade Deal: Can a Political Agreement Liberalize Trade Without Institutions?

The U.S. - Japan trade deal was signed today. USTR provides the legal texts here. Based on the various fact sheets, it looks like the agreement contains a modest amount of tariff liberalization. Let's look briefly at what's in the deal, focusing on four questions: (1)

News Reports About the U.S.-Japan Trade Deal Raise Some Questions

This is from the Nikkei Asian Review: Japan and the U.S. reached a broad trade deal Saturday, with Tokyo agreeing to lower its tariffs on American beef and pork to levels set by the Trans-Pacific Partnership while letting Washington maintain its 2.5% levy on Japanese autos for