These trade agreements regulate countries in the same way that our Constitution regulates Congress, our courts, the president, and our state governments. However, the substance -- the values -- in our Constitution are very different from values expressed in trade agreements.
We need to think differently about trade. First, let me say that I am 100% in favor of trade. Trade is when we do what we do best, they do what they do best, and we trade. Trade, done right, will raise living standards.
Everyone I know is in favor of trade done right. But global trade agreements go overboard in protecting investor rights.