Trade Negotiations in the Americas and What They Mean for You

The United States is engaged in two huge trade negotiations—the Trans-Pacific Partnership and the Trans-Atlantic Trade and Investment Partnership—that will have a profound impact on our economy and on the world trade system. These agreements can be an important template for new rules governing world trade, and they address some important new areas, such as regulatory issues. However, if they are to be a good template, U.S. negotiators have to alter some of their proposals, and these new agreements have to prohibit predatory trade practices, such as currency manipulation.