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A High Wire Act: The Trump Administration and Section 232

The current administration's use of Section 232 to impose trade-restrictive measures on imports of steel and aluminum has become the source of increasing domestic discontent among steel-using industries, farmers who are the target of retaliatory tariffs, and Members of Congress who are reconsidering having delegated powers over trade to the President. It has also put WTO dispute settlement to an unwelcome test.

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Fisheries subsidies

Fisheries subsidies: The WTO’s New Year’s Resolution for 2019?

Government subsidies to fishing industries may be accelerating the depletion of fish stocks. Nearly 90 percent of the world’s fish stocks are at risk of being overfished. WTO members first started negotiating on fisheries subsidies in 2001 and have vowed to reach an agreement restraining these kinds of subsidies by the end of 2019.

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Business concept

Do You Need Competition Policy When You Have Free Trade?

Domestic competition policies aim to promote equitable opportunities to compete in the marketplace. They are oriented toward fostering the most efficient use of resources and increasing the incentives to innovate, both of which result in lower prices, better quality, and more choice for consumers. But domestic competition policies have limitations when it comes to cross-border transactions.For over two decades in international forums, governments have discussed whether and how to develop common approaches to national competition policies.

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Chicken feet

U.S.-China Cry “Fowl” Over Chicken Feet Trade

Chicken trade has been a sore spot in bilateral agricultural trade since 2004 when the United States and China banned each other’s poultry products after an outbreak of avian flu. If these long-simmering disputes are resolved in the context of ongoing U.S.-China trade talks, millions of Chinese could again see American chicken feet grace the dim sum buffet at Chinese New Year festivities.

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Is WTO Reform Necessary?

When the General Agreement on Tariffs and Trade (GATT) was first agreed by 23 original contracting parties in 1947, there were no guarantees that the rules would endure. Today, WTO membership stands at 164 countries -- representing collectively, more than 98 percent of global trade. But for an institution to endure, it must remain relevant.

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Official G20 Leaders Photo Argentina

Who and What is the G20?

What's important about these summits is not the prepared statements delivered at the main table, but the frank discussions and informal meetings that take place in the corridors and meeting rooms around the main conference.

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Havana Club With a Twist of Trade

Among the many casualties of the 1958 Cuban revolution was the clear rights to Havana Club rum, which has been tied up in a decades-long trade dispute involving the United States, Cuba, and the European Union.

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Offshore drilling rig at sunset

Energy Trade and GATT Rules: Is Something Missing?

Trade in hydrocarbons, fissionable materials and cross-border transmission of electricity largely take place outside the multilateral trading system. Two key developments may now lead to convergence between the energy business and the rules of the WTO.

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Time to eat

Retaliation: Why Raising Tariffs Becomes a Food Fight

Although the steel and aluminum tariffs are promoted by the Trump administration as a strategy to seek fairness for those industries, the tariffs will incite retaliation by trading partners, imposing significant costs on large numbers of U.S. producers and consumers who have nothing to do with these industries' grievances.

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football on field

Super Bowl Broadcast: Who Has the Rights?

Sports fans around the world have so many new platforms and formats to enjoy premium sporting events, that income from the sale of broadcasting and media rights far surpasses revenue from ticket sales in most sports. Unlike in football, the rules of this game are still being written.

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