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The Trade Guys
Investor-State Dispute Settlement Mechanism, Baltimore Bridge Collapse, and China’s WTO Complaint
Apr 1, 2024
This podcast discusses the removal of the investor-state dispute settlement mechanism, the trade impact of the Baltimore bridge collapse, and China's WTO complaint about U.S. electric vehicle subsidies. It delves into challenges of arbitration mechanisms, economic repercussions of the bridge collapse, and trade disputes in the electric vehicle industry.
33:23
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Quick takeaways
- Investor-state dispute settlement mechanism in CAFTA-DR criticized for corporate overreach concerns.
- Baltimore bridge collapse impacts local maritime commerce and highlights port resilience and alternatives.
Deep dives
Investor State Dispute Settlement Mechanism Controversy in Casa DR Free Trade Agreement
A recent letter from 47 house lawmakers highlights concerns with the investor state dispute settlement mechanism in the Casa DR free trade agreement, calling it a facilitator of corporate overreach in emerging markets. Despite claims of destabilization, statistics show a low success rate for investors in such disputes over the 20-year period. The debate around investment protections remains complex, with opponents questioning the mechanism's utility and benefits.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode