Columbia International Affairs Online: Policy Briefs

CIAO DATE: 04/2013

Restoring US Leadership on Trade and Development

Kimberly Ann Elliott

March 2013

Center for Global Development

Abstract

The Trans-Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership are regional trade deals that could have adverse trade and growth effects on excluded poor countries. US trade policy already discriminates against exports from poor Asian countries; the TPP would make things worse, for example, by giving preference to Vietnam’s exports over Cambodia’s. Regional agreements can also undermine the World Trade Organization and the global system that protects smaller, weaker developing countries.