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Trump Administration

48 posts

More on the Trump Administration's Dollar Policy

Last May, I asked, "Does the Trump Administration Want a Strong or a Weak Dollar?" That post was about a House hearing with Treasury Secretary Scott Bessent, and I didn't get an answer to the question posed in the title of my post.

Comparing the Enforcement Provisions in the New U.S. Trade Deals

Building on the comparison of trade agreement provisions in my last post, let's take a look at the "enforcement" provisions of the six agreements for which the legal texts have been published.

Comparing the Economic and National Security Provisions in the New U.S. Trade Deals

By my count, we now have the legal texts of five Trump administration trade agreements. Will there be enforcement actions under these agreements?

Why Haven't the Tariffs Had More Impact on the Economy?

Dan Drezner recently noted the following in relation to why the Trump tariffs haven't had a more negative impact on the U.S. economy: What about the overall effect of Trump’s tariffs on the U.S. economy? As to that question, a separate Ana Swanson story provides

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?

Is Section 122 of the 1974 Trade Act a Fall-Back Option for Trump to Impose Tariffs?

Without IEEPA authority, as we have all discussed, where there is a will, there is a way. In all likelihood, this way involves the expanded use of other statutory authorities, such as Section 232 of the 1962 Trade Expansion Act and Section 301 of the Trade Act of 1974. In

Roundup of IEEPA Hearing Commentary

I listened to today's Supreme Court hearing on the IEEPA tariff cases, but it was clear to me that I am not well-positioned to offer good insights on how the Court might rule. (The transcript is here if anyone wants to give this kind of tea leaf reading a shot themselves).