the.com/trade agreements
countries promising to be nicer to each other's exporters, in writing, for decades.
means a legal deal between nations lowering tariffs and trade barriers so goods, services, or investment cross borders more cheaply.
from traces to 19th-century bilateral tariff treaties, but the modern web starts with GATT in 1947, built from the ashes of 1930s protectionism that helped tank the global economy.
page countnafta's replacement usmca runs over 2000 pages
secret courtsmany include isds tribunals bypassing national courts
rules of origincars need 75 percent regional parts under usmca
wto members164 countries, yet global deals now rarely close
for instance
usmca 2020 — replaced nafta, added digital trade and labor rules
eu single market — 27 countries, zero tariffs, one set of rules since 1993
rcep 2020 — 15 asia pacific nations, largest trade bloc by population
cptpp — 11 countries carried on after the us withdrew in 2017