Brave New Deal? Assessing the May 10th U.S. Bipartisan Compact on Free Trade Agreements
The new compact spawns a number of questions for those focused on U.S. trade policy: will its provisions become the new template for bilateral and regional trade agreements? Will it influence the granting of fast track negotiating authority (trade promotion authority) to the administration? Will it even help in the passage of the two agreements to which it applies, given substantial dissatisfaction with the deal within the Democratic caucus? And does Congress' intervention in a negotiated trade deal spell the end of TPA as it was formerly understood?
Aaron Cosbey assesses the compromise.
You might also be interested in
COP 29 Must Deliver on Last Year’s Historic Energy Transition Pact
At COP 29 in Baku, countries must build on what was achieved at COP 28 and clarify what tripling renewables and transitioning away from fossil fuels means in practice.
IISD Welcomes Draft Regulations for Oil and Gas Pollution Cap
A firm cap on emissions can provide certainty for industry to invest in decarbonization, while ensuring the sector is on a path to net-zero by 2050.
Advancing Gender Equality and Human Rights at COP 29: Why intersectionality matters
There has been resistance to integrating intersectionality language in UNFCCC discussions, but Angie Dazé explains why it is a key step toward climate justice.
COP 16 in Cali Delivers Key Outcomes for Nature but Questions Remain on Funding
There were some very real wins, and the Colombian government should be applauded for the energy, coordination, and strong sense of community that they brought to the conference as well as to the profile of biodiversity. But the lack of progress on some key negotiation items is concerning.