The TPP is dead. Spare the TTIP.

Source: Cato Institute
by Simon Lester

“In President Trump’s recent memorandum directing the U.S. Trade Representative to withdraw from the Trans-Pacific Partnership (TPP), he explained that ‘it is the intention of my Administration to deal directly with individual countries on a one-on-one (or bilateral) basis in negotiating future trade deals.’ This preference for bilateral deals raises the following question: If the United States will only be negotiating bilaterally, what does that mean for the ongoing U.S.-E.U. trade talks known as the Transatlantic Trade and Investment Partnership (TTIP)?” [editor’s note: It wouldn’t seem to raise any “question” at all. Looks pretty straightforward to me. And why is Cato flacking for bureaucrat-controlled “managed” trade? – TLK] (02/08/17)