Trade wars: Why the central pillar of global order is in danger of collapse as TTIP disintegrates

"TTIP was supposed to set the rules for the global trade," said Rem Korteweg, a trade expert at the Centre for European Reform. "It was to be a central pillar of an alliance of like-minded countries. If it all falls apart in acrimony, what kind of global governance are we going to have?" he said....Mr Korteweg said the EU elites took the public for granted, failing to sense the growing backlash against globalisation. "They dropped the ball and lost control in framing the narrative," he said.
...Voters rejected the treaty in what was really a protest against the EU elites and the management of EU affairs. TTIP is unlikely to fare much better. "You can bet your salary that if there were a referendum, the Dutch would throw it out," said Mr Korteweg.