A fallacy indeed ! During the 90s I was a professor at a flagship top five research University where my survival was dependent on promoting group think that was driven by corporations funding research and other university programs. I lasted two years only because the job market was tight at the time and it took that long to land a decent job. My former colleagues tell me that university group think and corporate pressure continue to worsen, so academia is one of the last places to find objective information on "trade deals".
During the past six years I have read hundred of articles addressing TPP and other regulatory capture schemes disguised as "trade deals", and contributed hundreds of CD posts on the subject. While there have been many articles that came close to being as succinct and complete as this one, Marlens wins the blue ribbon.
The only issue not addressed in this article is the certainty that "trade deals" will enable destruction of internet neutrality. Obama bowed to pressure to preserve net neutrality only when he was confident that TPP and the other "trade deals" would easily sweep away net neutrality and please his Party's corporate paymasters.
Trump campaigned against TPP and NAFTA only after 1) he witnessed how much support Sanders' was getting opposing TPP., and 2) realizing that if he won and killed TPP that his Party would be able to enact regulatory capture outside of any "trade deals", which is already underway since January 21. Trump and the GOP will not put any effort into any populist trade deals like Sanders would have.