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18 votes
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How does the Trump administration justify tariffs on luxury goods?

The recently announced tariffs on the EU are not about national security. They are WTO sanctioned tariffs to offset EU state aid to Airbus, not tariffs that need to be justified under WTO rules. ...
Jontia's user avatar
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15 votes
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Why did the UK not trade more with countries outside the EU?

Trade with any country doesn't happen because governments say so (at least not in democracies). It happens because the conditions for trade are favourable. Democratic governments can restrict trade, ...
DJClayworth's user avatar
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15 votes

Can imports be banned according to method of production?

In general, a sovereign state can regulate what is or isn't allowed within its borders in any way it wants - that is a part of the whole "sovereignty" thing. But international agreements and ...
Danila Smirnov's user avatar
13 votes
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How will Trump’s tariffs affect North Korea?

It won't have any direct effect at all, because North Korea does not export anything to the United States. The new US import tariffs might at best have an indirect effect on the North Korean economy, ...
Philipp's user avatar
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11 votes
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Why did the EU threaten to retaliate over Airbus-related tariffs even after they were allowed by the WTO?

It's right there in the article you've linked, but it is reading between the lines a bit. The EU are not threatening retaliatory tariffs in a tit-for-tat manner. They are talking about how the EU will ...
Jontia's user avatar
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11 votes
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What is the legal basis for the Trump administration's decision to impose and then remove tariffs?

Congress granted to the President authority to set tariffs by agreement with outher countries in the Reciprocal Tariff Act of 1934, and later extended such authority under various laws. The trump ...
David Siegel's user avatar
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10 votes

How does the Trump administration justify tariffs on luxury goods?

I haven't seen a discussion of how the US administration chose the current list. Keep in mind that they also included a 10% rise in aircraft [but not parts] tariffs, which is clearly directly related ...
got trolled too much this week's user avatar
9 votes

Why did the EU threaten to retaliate over Airbus-related tariffs even after they were allowed by the WTO?

What Jontia says is correct. Here's a better explainer from Reuters (of yesterday): Who won? By many accounts, the lawyers and multiple expert witnesses. Costs of the cases are estimated to top $100 ...
got trolled too much this week's user avatar
9 votes

Why did the UK not trade more with countries outside the EU?

As long as the UK is in the EU, it is not allowed to make trade agreements. Only the EU can do that, in an "one size fits all" approach. Proponents of the EU point out that only the EU can meet ...
o.m.'s user avatar
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8 votes

What is the legal basis for the Trump administration's decision to impose and then remove tariffs?

The president can order that tariffs be imposed for national security. Trump's reasoning is laid out here: https://www.vox.com/2018/3/8/17097206/trump-tariffs-congress You are right that the ...
Putvi's user avatar
  • 221
8 votes
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What are the groups that can legally challenge Trump's tariffs and can they have them reversed?

Standing Relevant Bodies Of Law There are a couple of types of legal standing (i.e. the right right to bring a lawsuit related to something because you are sufficiently connected to the dispute). An ...
ohwilleke's user avatar
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7 votes
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Did Trump make any concessions in his 'Phase 1' trade deal with China today?

This question is making the usual fallacious assumption (from Trump propaganda) that raising tariffs only hurts your "opponent" trade partner. But it hurts your own economy too. Given the ...
got trolled too much this week's user avatar
7 votes
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Is there any country outside the West that's planning to put tariffs against Chinese EVs?

IDK if you consider Turkey in or out of the West, but they also slapped 40% tariffs on Chinese EVs. And Turkey has its own EV maker. And word is that Vietnam is mostly keeping the Chinese EVs out by ...
got trolled too much this week's user avatar
6 votes

Why did the UK not trade more with countries outside the EU?

First, the UK was part of the single market, and no other trade deal was as favorable as that. So, EU countries make more natural trading partners. Second, an overwhelming amount of economic ...
Patrick's user avatar
  • 298
6 votes

Can imports be banned according to method of production?

Yes, but on a business level rather than an international trade level. As an example of this, the intention and implications of the UK Modern Slavery Act 2015 is discussed in this devex article. This ...
Jontia's user avatar
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5 votes
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What happens if a country does not abide by WTO rules?

The UK government would be entitled to take these tariffs, but they are not obligated to take them. The customs checks on imported goods are the prerogative of the importing country. If the importing ...
Philipp's user avatar
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5 votes

What gives the U.S. President the legal authority to raise tariffs?

Trump's tariffs are "based on Section 232 of a 1962 U.S. law that allows safeguards based on “national security”." Put another way, Congress gave POTUS this prerogative aeons ago - long before the ...
Denis de Bernardy's user avatar
5 votes

Have tariffs/protectionism ever worked?

Russia, even today, is much more economically sound that it was in the 90's. It did an U-turn from being an argentinesque perennialy bankrupt country to the current state of low state debt and large ...
alamar's user avatar
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5 votes
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Is imposing tariffs under the pretext of national security illegal under the WTO?

Well, the WTO has reserved the right to judge such matters on merits. Although the Trump ones are still being disputed, there's are recent WTO decision against Ukraine upholding such tariffs based on ...
got trolled too much this week's user avatar
5 votes
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Will the recent US tariffs against Scottish (and more generally UK) products cease to apply after Brexit?

It is highly likely the tariffs will remain in place. The press release specifically calls out four countries that the US says is behind most of the illegal state subsidies that triggered the tariffs:...
Joe C's user avatar
  • 28k
4 votes

Agricultural subsidies of the EU: Why didn't / don't developing countries impose import tariffs on agricultural products?

One point is that not having an import tax on EU agriculture products is often part of trade agreements with these countries. By this agreements, they can export products to the EU without tax ...
Cashman's user avatar
  • 159
4 votes

Did Trump make any concessions in his 'Phase 1' trade deal with China today?

"Agreeing" to do things is a euphemism with no substance. China can change its mind tomorrow, and so can Trump. There is no deal. Trump is exaggerating the significance of the talks because he is ...
klojj's user avatar
  • 2,699
4 votes

Can imports be banned according to method of production?

It probably mostly depends on the country doing the importing, as well as countries that the goods pass through. The most prominent example that comes to mind is an executive order by Bill Clinton ...
Brett's user avatar
  • 731
3 votes

Are Common External Tariff levels in the EU agreed via qualified majority voting or unanimity?

"Unilaterally" doesn't apply here, as I would argue there is no such thing in EU. I am not certain if "unanimous" does, but it doesn't look like it. CET tariff levels are EU regulations. EU ...
Gnudiff's user avatar
  • 1,024
2 votes

Agricultural subsidies of the EU: Why didn't / don't developing countries impose import tariffs on agricultural products?

The situation is complicated depending on whether such a country is a net food importer or not. If it is, then slapping import tariffs on food is generally not a good idea, at least in the short run. ...
got trolled too much this week's user avatar
2 votes

What explains the timing of the U.S China trade tariffs and negotiations?

In part the timing is explained by the fact that in March 2018 is when the USTR formally concluded its section 301 investigation. As much as Trump might have liked to act sooner, and on some issues ...
got trolled too much this week's user avatar
2 votes

What explains the timing of the U.S China trade tariffs and negotiations?

In general, the things that I've seen on this have been speculative. The person who would know would be Donald Trump, but he is likely to answer politically. I.e. the reason that he would state if ...
Brythan's user avatar
  • 89.8k
2 votes

What is the legal basis for the Trump administration's decision to impose and then remove tariffs?

The other answers are only partially correct. Not all Trump tariffs are based on the national security section 232. In fact, most tariffs he raised on China are not like that, but rather: On March ...
got trolled too much this week's user avatar

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