Discover and read the best of Twitter Threads about #Section301
Most recents (2)
🧵Another ICYMI 🚨- Yesterday, DOJ (for USTR) filed its master response to the ~3600 complaints (consolidated) re the #Section301 tariffs imposed as part of what is now seen as a #tradewar w/ #China. The gov lists its anticipated defenses. But 1st, let's review the claims ... /1
Per DOJ, #HMTX and thousands of others make the following claims: 1) promulgation of List 3 and List 4A [the Lists] violated the 1974 Trade Act; 2) the Gov violated the APA in promulgating them; 3) the Lists violated the Constitution; and, 4) the Lists violated the GATT /2
Here are DOJ/USTR's anticipated defenses, abbreviated slightly: 1) USTR was acting @ the direction of POTUS and POTUS not subject to APA; 2) Review of POTUS discretionary decision + USTR’s implementation of it presents a non-justiciable, political question; 3) Even if /3
Going after #Trump? Evidence from the #tradewar. This is a brief thread describing a new paper that it is joint work with Carlo Schwarz @Warwick_Econ PhD student (going on the market this year). The paper circulates as @cepr_org - ungated WP ssrn.com/abstract=33490… 
The question we ask is quite simple: were the retaliation measures triggered by China, the #EU, and the #NAFTA against Trump's tariffs politically targeted? We study the trade escalation triggered by US steel tariffs and various #Section301 #tariffs.
Interestingly, this is the first trade dispute in a long time that actually escalated to that level. The last case that came close was also the case of steel tariffs in the early 2000s -- but then retaliation measures, while being threatened, were never triggered as US caved in.
