10 October 2017

Another Stopped Clock Moment from Trump

It appears that the Trump administration wants to effectively gut the Investor State Dispute Settlement (ISDS), which would be a very good thing:
U.S. ISDS PROPOSAL WOULD CUT TWO KEY PROTECTIONS: Expect USTR to put at least one of those “poison pills” forward at talks this week. The final U.S. proposal on investor-state dispute settlement comes not only with an “opt-in” provisions that effectively makes the whole process voluntary, but also rolls back two key investor protections private companies have been able to use under the mechanism in past U.S. agreements. U.S. business and agriculture groups have already signaled that a radical departure from the current U.S. approach to investor protections would be forcefully opposed by them.
I don't expect this to actually happen.

Even if Trump wants to do this, and I think that it is likely posturing, I would expect resistance from Congressional Republicans and the non "Alt-Right" personnel in his administration to make this outcome highly unlikely.

0 comments :

Post a Comment