You've got it backward. It's incremental capitalism, the spread of American hegemony, and a system that leads to the betterment of mankind. Think of it as a "race to the top".
It could be considered incremental capitalism I guess. Depends on which nation or the WTO believes to have the upper hand.
I fear that any American entity that depends on exports of their products is not being allowed to compete in the law of supply and demand. Regulating the price of imports (or exports) puts a cap on profits.
In the case of agricultural exports, farmers are barely making production costs as it is. We should not have to subsidize their incomes to make up for trade deals that purport fairness in the marketplace for all competitors.
That my friend, is socialism. What ever happened to rewarding efficiency?