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But it is much more powerful than the trade deals of the previous generation. Whereas those earlier deals dealt exclusively with trade, new deals also include '
by Brakenshire 12y ago
But it is much more powerful than the trade deals of the previous generation. Whereas those earlier deals dealt exclusively with trade, new deals also include 'non-tariff barriers', i.e. things which are a mixture of trade and domestic policy, like regulation of food, product safety and the environment. But the mechanism for negotiating the deal remains the same as before. That is manifestly unacceptable.
- snowwrestler 12y agoFrom the U.S. perspective, NAFTA and GATT are more powerful than TPP would be. Both address NTBs and were negotiated this way. On top of that, international security agreements like NATO and the Anti-Ballistic Missile Treaty were negotiated this way, and those arguably have more serious import for a nation than trade.