The Economist (February 22, 2014)
2014/ 02/ 23 by jd in Global News
“If not championed by leaders who understand its broad benefits,” free trade “will constantly be eroded by narrow economic nationalism. Mr Obama now appears to be surrendering to protectionists within his own party. If he cannot drag Democrats back to their senses, the world will lose its best opportunity in two decades.” Estimates have placed the combined benefit from the Transatlantic Trade and Investment Partnership (TTIP) and the Trans-Pacific Partnership (TPP) at $200 billion for the U.S. alone and $600 billion worldwide.
Tags: Benefits, Democrats, Free trade, Leaders, Nationalism, Obama, Opportunity, Protectionists, Surrender, TPP, TTIP, U.S.
