Analysts pitch new and improved TPP, clash over bilaterals, Japan deal

Analysts and academics clashed today at the Peterson Institute for International Economics over President Trump’s trade policy options in a post-Trans-Pacific Partnership world, with some saying that the Asia-Pacific deal should be revamped, enlarged and renamed. Argument also erupted over whether the administration's plan to pursue bilateral deals, including one with Japan, will succeed. Peterson fellow Jeff Schott said bilateral deals will yield fewer benefits for the U.S. than a regional deal in the Asia-Pacific -- and said the administration...