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Although Mr. Riley, the Heritage Foundation trade policy analyst, acknowledged the importance of bringing both TTP and TTIP to a successful conclusion, he said there was a danger the deals could lead to new government regulations.

“One concern is that trade agreements could be used as a Trojan horse that could lead to new regulations,” he said. “For example, with the negotiations with the EU, we want to have a true free-trade agreement, not an agreement that results in EU-style regulations imposed on the U.S. economy.”