U.S. Trade Deals Threaten Global Prosperity, Warn Economists
The U.S. is focusing on making trade deals with countries all around the world to boost trade, investment, and set standards. They're analyzing these deals to see their impacts on different industries and how they affect countries not involved. These deals can benefit those involved initially, especially in farming and clothing, but as global trade gets more open, these benefits might lessen. It could also discourage countries from joining wider trade agreements. This shows that trade agreements need to be carefully thought out to benefit all parties involved.