Facilitating Trade and Peace Relations : Challenges of the Present U.S Government and Impact on U.S – China and Global Relations

The Trans Pacific Partnership, however, is not the only trade agreement facing dangers of being finalized or even implemented. Other protectionist waves – namely those arising in relation to Europe, have witnessed growing difficulties, protests and challenges to efforts aimed at mitigating barriers through the Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union.Should markets be allowed to regulate themselves – or interventionist measures embraced when these appear to be necessary? If so, under what circumstances? Should the failure to evenly distribute the benefits and income derived from globalization be left to monetary policy – rather than protectionist measures? These constitute some vital questions which this paper aims to address.The central theme of this paper – as with other papers published by the author in relation to Free Trade Agreements is namely:That Free Trade Agreements, on their own, are intended to be beneficial to any economy. It ceases to be beneficial for a number of reasons, most notably, when they have been badly negotiated and lacking of essential provisions.Therefore, there should be every opportunity to renegotiate badly negotiated Free Trade Agreements which may have been attributed to previous or present administrations – as well as ensuring that future agreements are not lacking when it comes to essential provisions