The United States has been a champion of free trade and economic globalization for many years. It was one of the architects of the General Agreement on Tariffs and Trade and a founding member of the World Trade Organization. However, the election of Donald Trump as the 45th President of the United States has the potential to dramatically change this picture. The new president has repeatedly blamed the current international trade arrangements for destroying jobs in the American industry sector. He promised to redesign the existing trade bargains. But are those plans realistic? How will such moves change the international trade landscape?
Blogsite of the Institute for Legal Studies
A(z) "TTIP" címkével jelölt bejegyzések:
The Comprehensive Economic and Trade Agreement (CETA) between European Union and Canada was nearly to fail after the Wallonia parliament has made steps to block its domestic ratification in October this year. The obstinate resistance of Wallonia illustrates well, how the legal, political and social context of trade policy have completely changed in the last decades and it gives the Member States a warning that trade agreements no longer can be concluded behind closed doors.
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