Brave New Deal? Assessing the May 10th U.S. Bipartisan Compact on Free Trade Agreements

Aaron Cosbey analyzes the May 10th U.S. Bipartisan Compact on Free Trade Agreements, questioning its potential to serve as a template for future trade deals, its impact on trade promotion authority (TPA), and its effectiveness in securing the passage of the two agreements it addresses.

• The May 10th U.S. Bipartisan Compact on Free Trade Agreements raises several questions regarding the future of U.S. trade policy, specifically whether its provisions will act as a template for future bilateral and regional agreements and if it will affect the granting of trade promotion authority (fast track negotiating authority) to the administration.
• There is uncertainty regarding whether the compact will facilitate the passage of the two agreements it applies to, due to significant dissatisfaction with the deal among the Democratic caucus.
• The intervention of Congress in a negotiated trade deal leads to questions about whether this marks the end of trade promotion authority (TPA) as it was previously understood.

APA

Cosbey, A. (2007). Brave New Deal? Assessing the May 10th U.S. Bipartisan Compact on Free Trade Agreements. International Institute for Sustainable Development. https://www.iisd.org/articles/policy-analysis/brave-new-deal-assessing-may-10th-us-bipartisan-compact-free-trade

Chicago

Cosbey, Aaron. Brave New Deal? Assessing the May 10th U.S. Bipartisan Compact on Free Trade Agreements. International Institute for Sustainable Development, 2007. https://www.iisd.org/articles/policy-analysis/brave-new-deal-assessing-may-10th-us-bipartisan-compact-free-trade.

Wikipedia

{{cite report |last1=Cosbey |first1=Aaron |title=Brave New Deal? Assessing the May 10th U.S. Bipartisan Compact on Free Trade Agreements |publisher=International Institute for Sustainable Development |date=16 August 2007 |url=https://www.iisd.org/articles/policy-analysis/brave-new-deal-assessing-may-10th-us-bipartisan-compact-free-trade |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{cosbey2007brave, author = {Cosbey, Aaron}, title = {{Brave New Deal? Assessing the May 10th U.S. Bipartisan Compact on Free Trade Agreements}}, institution = {International Institute for Sustainable Development}, year = {2007}, month = aug, url = {https://www.iisd.org/articles/policy-analysis/brave-new-deal-assessing-may-10th-us-bipartisan-compact-free-trade}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }