Global Trade
Reports
Harsha Vardhana Singh
Executive Director - Brookings India
Senior Fellow - Global Economy and Development, Brookings India
Constanze Stelzenmüller
Robert Bosch Senior Fellow - Foreign Policy, Center on the United States and Europe
[Pulling out of Trans-Pacific Partnership] puts the U.S. on the back foot. But now, the EU is managing to move more quickly. It shows the world doesn’t stand still.
Create alternatives [to Trump’s push for bilateral trade deals]. The value of enacting a ‘TPP 11’ lies not only in the gains of improved market access to remaining member economies or the preservation of a rule book that aims to reform state-owned enterprises. It also increases Japan’s bargaining leverage vis-a-vis the U.S.
The signals are very clear that the United States wants to negotiate a free trade agreement with Japan.
