Friday, February 20, 2015

Senator Warren Is Wrong (Again) About Trade

Investor-State Dispute Settlement (ISDS) Mechanisms: An Important Feature of High-Quality Trade Agreements, with James Roberts and Riddhi Dasgupta, Heritage Foundation Issue Brief #4351, February 20, "There are many reasons to doubt that a trade agreement between the U.S. and the EU will deliver the economic gains or advance the broader geopolitical objectives claimed for it. Like any treaty, a trade agreement can be fairly assessed only when a full and final text has been negotiated and presented to the public. Yet the concerns raised in principle about creation of an ISDS mechanism are unfounded. Far from being dangerous or undesirable, an appropriately structured ISDS is an essential part of trade-agreement enforcement and should be included in any U.S. trade agreement with the EU."

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