By its own reckoning, the Trump administration has now inked "the largest trade deal in American history"—twice. On July 22, it announced a deal with Japan, with the promise of $550 billion in direct investment in the United States. Shortly after came the European Union trade deal, which the administration hailed as "historic structural reforms."

All this fanfare over record-breaking trade deals brings to mind the Trans-Pacific Partnership (TPP), which, in its time, was on track to be the globe's largest free trade pact before President Donald Trump abandoned it in 2017. TPP partners represented 40 percent of all U.S. trade, and unlike today's skeletal agreements, we had the details. In fact, we had 30 chapters of them, covering everything from intellectual property to tariffs to e-commer

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