He formed an obsequious alliance with US multinationals and Wall Street finance to secure his own power, while his famous charm was used to deflect the disappointed constituencies he betrayed. It is a non sequitur that dodges the fundamental issues. Without the cold war, it no longer persuades a majority of Americans. The mantra also misrepresents the essential nature of the global system. Then Boeing must negotiate terms for market access.
China demands a share of the production, jobs and advanced technology.
The GATT agreements, dating from the first one in the forties, simply provide a set of closely argued rules of the road for deal-making. So the WTO was created as an enforcement officer. Now the barter process has been stretched to include national laws and standards, even national values, on any matter that disturbs someone's trading interests. The WTO aspires, in effect, to create a bill of rights for capital, crafted one case at a time by the corporate lawyers filing their confidential pleadings in Geneva. It is not hyperbole when critics say the system defends property rights but dismisses human rights and common social concerns as irrelevant to trade.