My understanding of the current trade treaties is they have the equivalent of a suicide clause. If we pull out and decide to no longer honor them then our trading partners get to impose whatever levies on US goods they choose. We will have no say whatsoever. That means outgoing trade would screech to a halt. This would be a huge disaster.
Bush, wanting votes in Pennsylvania, imposed a tariff on steel. We were taken to an international court and lost. Our trading partners imposed punitive tariffs that were coordinated to hurt other areas Bush needed to carry. He quickly cancelled his tariff. We no longer have sovereign control over trade.
This is why I opposed fast track authority for Obama as he will not negotiate for a US advantage but will seek to hobble future US growth, power and profit.
Trade tariffs is the most likely means of forcing the US to halt the sale of guns.
Let it happen...We can still produce every thing we'll ever need...
We already pay tariffs in every country we export to. Do you really think that there is free trade? BWahahahahahahaha.