The Trump administration is weakening the global trading system

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The coming year is shaping up to be one of preferential trade deals

 

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Weakening the global trading system from whose perspective? China’s? Global trading is eventually supposed to achieve an equilibrium amonst the trading partners. But for the US, the deficits just keep getting bigger indicating that the system is broken (not free and open).

with TPP the US insist on ISDN trade dispute settlement Drugs pharma inUS is d most expensive Oz&EU r paying subsidy so they need to set prices to be affordable But under ISD US pharma can sue OZ for losses due to gov subsidy Americans go to Mexico for cheap drugs Pharma monopoly

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