Trump and power
Peščanik 01.12.2016 | Vladimir Gligorov

Trump announced that he was going to pull the US out of TPP and was going to negotiate bilateral trade deals. To get better deals for the US: ‘to bring jobs and industry back’. The implication is that America has more of a bargaining power in bilateral rather than multilateral trade deals. Is that correct? Usual power indices, I think, suggest otherwise. [1] As trade deals are contracts, both sides, and in multilateral agreements all sides, need