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Weaponizing Free Trade Agreements
Long seen as means to seek advantage on the pretext of providing mutual benefit, free trade agreements may increasingly become economic weapons in the new Cold War, disrupting earlier globalization.
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TNCs reviving TPP Frankenstein
The incoming Biden administration is under tremendous pressure to demonstrate better U.S. economic management. Trade negotiations normally take years to conclude, if at all. Unsurprisingly, lobbyists are already urging the next U.S. administration to quickly embrace and deliver a new version of the Trans-Pacific Partnership (TPP).