NYT and TPP Backers Exploit Anti-China Sentiments to Push Agenda

The NYT ran a major article warning that a Chinese led trade deal, involving a number of countries in East Asia and the Pacific region, was likely to move forward more quickly with the demise of the Trans-Pacific Partnership (TPP). This is reported as being an ominous outcome that should concern readers.

This is the opposite position that economists generally take toward efforts to reduce trade barriers. In most economic models, when some countries reduce their trade barriers and therefore in...