The Mad Dash to Deem Trade Agreements “Progressive”
2018 seems to be the year of the Progressive trade agreement. The Trans-Pacific Partnership has been renamed the “Comprehensive and Progressive Agreement for Trans-Pacific Partnership” (CPTPP). Canada has floated proposals in the NAFTA renegotiation that it has advertised as progressive. Why? Populists in 2016 reminded us that trade agreements are inherently not progressive. Economic theory…
The China Meme
The go-to talking point when a trade agreement is in trouble in the United States is to invoke the specter of China. When TPP began to falter, the rallying cry for passage was that if we failed to seal the deal, China would score a win, not just commercially, but geopolitically as well. At the…