Trump on trade: from populism to policy

The Elcano Royal Institute is a think-tank for international and strategic studies that analyses world events and trends from a Spanish, European and global perspective.

The Elcano Royal Institute's Expert Comments are 1,000- to 1,500 word pieces produced by the Elcano Royal Institute's analysts as an immediate response to international events relevant to Spain.
Bilateral deals are the preferred US modus operandi. And, contrary to populist opinion, they invariably turn out to be asymmetrical in favour of the US. They also tend to be about many things other than simply trade –such as geo-political relationships–. This has been explicitly so since 9/11 and has certainly been the case with the TPP, where the US was in effect in bilateral dialogue with the other 11 partners in pursuit of a deal that was as much about facilitating corporate investment and Obama’s geo-strategic ‘pivot’ to Asia as it was further liberalise trade. But the TPP is effectively dead. The Administration has suspended efforts to win Congressional approval before President Obama leaves office, saying its fate is now in the hands of the Trump Administration

Trump Trade: More Bark than Bite? http://www.europeansources.info/record/trump-trade-more-bark-than-bite/

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