The International Spectator · 2014 · 26 citations · 5 references
Social SciencesEconomicsInternational RelationsInternational EconomicsInternational TradeInternational Trade PolicyEconomic DiplomacyGlobal Political EconomyInternational CooperationMultilateral DiplomacyNegotiation In International RelationsTrade NegotiationBilateral Trade DiplomacyComparative Economic PolicyInternational Trade NegotiationsMultilateral Trade RelationsRegional DiplomacyRegional Economic PolicyTransatlantic RelationsTransatlantic Trade
The United States is currently negotiating two massive regional economic agreements, one with 11 Asian and Pacific Rim countries and the other with the 28-member European Union. The Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) herald a substantial shift in US foreign economic policy as Washington turns its focus from the stalemated Doha Round of multilateral trade negotiations and scattered bilateral trade agreements to ‘mega-regional’ trade diplomacy. As the only party to both negotiations, Washington seeks to leverage issues in one to advance its interests in the other, while reinvigorating US global leadership.
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