New trade rules could reshape global supply chains and market access
The rules of origin in trade agreements like the Transatlantic Trade and Investment Partnership are crucial for countries to protect their national producers and stay competitive in global value chains. The changing landscape of protectionism and production fragmentation has made it necessary for countries to ensure their presence in these chains. The future rules of origin in the Transatlantic trade deal will have a significant impact on trading partners and could influence global market access regulations.