It may be smaller, but the new TPP is still a big deal

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

 It may be smaller, but the new TPP is still a big deal

Deborah Elms talks new TPP agreement
The executive director of Asian Trade Centre, a Singapore-based consultancy, writes that given the generally open nature of the U.S. economy, most companies from TPP 11 states already enjoy easy access to the U.S.  Meanwhile, the 20 suspended provisions of the original TPP constitute just 28 of the 622 pages of the negotiated text. The rest of the agreement remains untouched.  Her analysis can be found here.

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Japan prepares for TPP, EU trade accords

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Japan prepares for TPP, EU trade accords

Japanese tpp agreement, comments by Chris Brummer
source: the-japan-news.com

The Japanese government has adopted new measures to support the domestic dairy and other sectors, after it reached broad free trade accords with the European Union and with the current 10 other member countries of the Trans-Pacific Partnership earlier this year.  The story is here.

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Financial Post:  Trudeau’s TPP strategy bad for Canada

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Trudeau’s mischief with the TPP isn’t just bizarre. It’s bad for Canada

Trade ministers and delegates from the remaining members of the Trans-Pacific Partnership work toward a deal in Danang, Vietnam on Nov. 9, 2017
image credit: Financialpost.com
For some stakeholders, especially in Canada, Prime Minister Trudeau’s skepticism of TPP is a source of concern—and frustration.  One criticism involves potential lost opportunities concerning the protection of intellectual property.  The story is here.

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EBA to Leave London For Paris after Brexit

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Mexico and Canada Push Back on US NAFTA Demands

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Mexico and Canada Push Back on US NAFTA Demands

Mexico, Canada, NAFTA, Talks Halt, Comments by Chris Brummer
Source: https://www.reuters.com

Reuters reports that the difficulties stem from a U.S. proposal to raise the minimum threshold for autos to 85 percent North American content from 62.5 percent, and to  require half of vehicle content to be from the United States.

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CNN: New Pacific trade deal could leave U.S. playing catchup