Malmström: EU should join CPTPP – and take the U.S. with it

The European Union should apply to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership “and convince the United States to do the same,” former European Trade Commissioner Cecilia Malmström writes this week. In a paper for the Peterson Institute for International Economics, where she serves as a nonresident senior fellow, Malmström notes that the EU already has trade agreements with most CPTPP members, but says “an FTA would signal the European Union's readiness to strengthen global trading rules with...