Giving up less to achieve the same objective means having more of other things.
Here’s the closing paragraph of my Mercatus Center colleague Nita Ghei’s latest essay in Investor’s Business Daily:
While the TPP was far from perfect, overall it enhanced freedom to trade. There is little reason to believe that bilateral treaties, if they emerge, will be superior to the TPP. In the interim, neither American consumers and businesses, nor our those of our trading partners will benefit at all.