WTO Talks are Done, for Now at Least

Issues between the US and India and China over farm exports killed the deal.

Not surprising. As Krugman notes, trade deals are not about real free trade, but rather "enlightened mercantilism", so he doesn't see it as the end of the world.

I am actually far less of a free trader than he is, and I see the current deals as damaging people far more than it helps people, so I think that some changes, including more transparency in adjudication bodies and the elimination of the idea that regulation is a taking, should be a core value to proceed.