Good Riddance, Trans-Pacific Partnership!

Trump just signed an executive order beginning the withdrawal of the U.S. from the Trans-Pacific Partnership trade agreement. Good riddance. I’ve been fighting this for a long time. As I noted five years ago, when this thing was just beginning, the omens were never good, and Obama should have known better. After the failed promises of NAFTA,…

Ross pledges to design ‘model trade agreement,’ calls for systematic re-examination of deals

President-elect Trump’s pick for Commerce secretary, Wilbur Ross, said on Wednesday that he wants to overhaul how the U.S. negotiates free trade agreements, urging a “systematic re-examination” process that would assess where a deal falls short and listing reciprocity and simultaneity of concessions as two of the principles he wants to include in his model.…