U.S. trade deals driven by geopolitical aims: FT

The U.S. is shunning multilateral trade agreements with the aim of containing China’s rise, argues Zaki Laïdi in the Financial Times.

The Obama administration “believes the system of multilateral trade no longer offers the advantages it used to. The priority for the US is to secure access to markets through enhanced bilateralism. Hence [it’s] drive to agree the trans-Pacific Partnership for Asia and, more recently, to conclude the Transatlantic Trade and Investment Partnership for Europe,” the article suggests.

Read more here.

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