Concerns over a potential flood of low-priced electric vehicles are growing, both within the Biden administration and in Congress. In a new working paper, Will Clayton Fellow in Trade and International Economics David A. Gantz discusses the current situation, along with remedial legal and practical measures likely to be applied.
The Office of the United States Trade Representative recently stepped back from ongoing negotiations on digital trade at the World Trade Organization, citing unsettled domestic policy, and suspended support for digital trade rules in the Indo-Pacific Economic Framework too. But if the U.S. wants to be a part of the conversation, it should reengage and help craft rules flexible enough to meet its future domestic policy needs, writes nonresident fellow Simon Lester.
Fellows Ed Emmett and David Gantz explore climate change, international shipping, and what happens when a vital passage for global supply chains becomes unreliable.
Despite recent claims that “free trade is dead,” fellow Simon Lester explains that America was never close to anything resembling free trade in the first place. Instead, current U.S. trade policy, just like past policy, reflects a messy mix of free market and industrial policy views.
As the U.S. doubles down on trade protectionism, it risks weakening the global trade system and harming the American businesses, workers and consumers it aims to protect.
Child labor laws are failing migrant children. As children from Latin America migrate to the United States in record numbers, many are ending up in dangerous jobs that violate child labor legislation. What steps are needed to ensure that vulnerable migrant children are protected from exploitation?
Edward M. Emmett, Tony Payan, Luz Maria GarciniJune 1, 2023
By refusing to go along with an increased consumer subsidy fully available only for EVs and batteries produced in the U.S. with union labor, Sen. Manchin (perhaps with the assistance of Canada's government) has saved the U.S. government from what could have been a mortal blow to an integrated North American industry.
With the recent enactment of the CHIPS and Science Act, the conversation about industrial policy has started up again. Are state-directed economic policies back, and will such initiatives work?
President Andrés Manuel López Obrador’s investment policies, which aim to return Mexico to the protectionist, state-led policies of the 1960s and 1970s, seem almost certain to stagnate the country’s economy.