Will the TPP do anything for America's giant trade deficit?

At the height of the U.S.-Japan trade frictions of the 1980s, the Treasury Department proposed a set of negotiations under the rubric, Market Oriented Sector Specific. The acronym MOSS led to these being called the MOSS (think moss on a tree) Talks.

Some experienced negotiators at the time suggested that it was really just More Of the Same Old Stuff (al…