After seven years of negotiations between Canada and the European Community, the free trade talks between them just collapsed on October 21, after the Belgian region of Wallonia rejected the negotiated deal. The same time, the Transatlantic Trade and Investment Partnership between the United States and the EU faces opposition, and the Congress refuses to ratify the Trans Pacific Partnership between the United States and 11 other Pacific Rim countries. Add to these Donald Trump’s promise to renegotiate NAFTA, and it appears that the idea of freer trade, widely thought to solve many problems after the fall of Iron and other dictatorial curtains, is now again questioned as being valid.
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