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China has become a major financial and trade power.
The seven Central American nations are completing a unified grid that will allow them to trade power.
But it is further evidence of the precarious financial condition of many companies that do trade power, Mr. Miller said.
But the leaders also know that there isn't really that much the U.S. can do about China's trade power".
This signifies closer engagement in areas as diverse as joint water resources management, land boundary demarcation, trade, power, connectivity, infrastructure, culture, education, etc.
The United States, viewing Asia as a growing trade power, announced a Pivot to Asia in 2011, an attempt that backfired.
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Enhanced trade powers were last approved by Congress in 1988, setting the stage for Nafta.
Global trade powered tremendous economic growth at the dawn of the 20th century.
The trade powers appear to have settled on how to cut farm tariffs, if not by how much.
Conscious that they will lose if Doha fails, some big trade powers, notably Brazil, at last appear ready to compromise.
He said the value of having the broader trade powers greatly outweighed the cost of backtracking on textiles.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com