Tag Archives: international-trade

Trump & ‘Reciprocal Tariffs’ — Trying to Find U.S. Law to Further Undermine Global Trade Law & the Global System.

     The Trump administration is scouring U.S. law to find a basis for furthering disrupting the existing global trading system and thus the broader international political and economic system. Legally, his reliance on various domestic laws is very questionable, … Continue reading

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Trump’s Trade Policies — Continuing to Go Backward, More Unilateral, Confrontational and Unpredictable.

     The Trump administration continues to upset existing trade relations by imposing universal tariffs on steel and aluminum and by digging deeper into U.S. trade law by relying on older legislation.  In particular, by focusing on national security and … Continue reading

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Trump Launches Trade War — Protectionism & Economic Nationalism — ‘Expansive’ Use of U.S. Laws & Attacks Rules-Based Trading System (as Expected).

     Trump’s trade war now includes his use of the International Economics Powers Act and his rejection of the de minimis exception.  Overall, his actions amount to rejection of the post-war system of trade relations and toxic unilateral action, … Continue reading

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‘Laissez-Faire Globalization’ Needs a Redo (a New Industrial Policy and New China and Global Tax Policies) — So They Say.

     The Biden administration’s trade policy and Trump 1.0 (and now Trump 2.0) focused on redoing U.S. trade policy and developing a newer industrial policy promoting U.S. industry, workers and national security. (So they say …) Clearly, trade policy … Continue reading

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Trade Practice, Lobbying & New Directions Under Trump — Exponentially Expanding.

    As an immediate result of Trump’s election, the future of trade practice, and trade negotiations is that they are expanding and are going in newer directions.  This involves both tariffs and nontariff issues. These are multifaceted and represents … Continue reading

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TRUMP 2.0 — Corrosive Trade Battles (Domestic Lobbying and Litigation) and General Disdain for International Law.

     It is clear that his Trump’s 2.0 trade policies will have an impact on domestic politics that will lead to crony capitalism and corrosive battles between competing interest groups — especially over formulating new tariffs and applying for … Continue reading

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Presidential Debate & Tariffs — Trump Goes Further.

The first question of ‘The Presidential Debate’ was as to tariffs. No surprise here. Tariffs, once an obscure topic even in international trade classes, is now a leading political issue this campaign season — greatly fostered by Trump. His proposals … Continue reading

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U.S. Trade Policy — Bad and Getting Worse?

Under Trump and Biden U.S. trade policy has veered away from its traditional approach, developed since World War II, from multilateralism to focusing primarily on national and unliteral concerns. At the center of the newer U.S. approach has been tensions … Continue reading

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TARIFFS & U.S. TRADE STRATEGY — BIDEN’S & TRUMP’S —- Similar but Really Different — But is an Integrated Strategy & Consensus Now Emerging?

.      Trade wars and tariffs have become central to U.S. foreign and trade policies under both Trump and Biden— And even more central to this current campaign season.  It’s really important to look closely at what has happened … Continue reading

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U.S. Historical Flirting with Restrictive Tariffs & Now its Revival — Harmful to U.S. Competitiveness & Consumers?

          Historically, the United States has flirted with protectio0nism –from its founding, the early 1800’s, from the Civil War in the 1860’s, in the 1930’s, and more recently in the 1980’s (concerning Japan).  It is now … Continue reading

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