Germny's Economy Minister Says U.S.-EU Free Trade Talks (TTIP) Have Failed

[Moliere]

TTIP dead? One down and many more to go

Germany's Economy Minister Sigmar Gabriel said on Sunday that talks on the Transatlantic Trade and Investment Partnership (TTIP), a free trade deal being negotiated by the United States and the European Union, had essentially failed.

"The negotiations with the USA have de facto failed because we Europeans did not want to subject ourselves to American demands," he said, according to a written transcript from German broadcaster ZDF of an interview due to be broadcast on Sunday.

Germany's Economy Minister Says U.S.-EU Free Trade Talks Have Failed

[msongs]

1. corporate bullies got slapped down again nt

[Monk06]

2. US taking advantage of Brexit to put the screws to the EU on GMO and environmental sovereignty

Fucking disgraceful

[pampango]

3. Since UK Conservatives have created a vacancy in the EU, we should join.

Like any country joining the EU, we would have to accept their standards including those on labor rights, the environment and corporate regulation. None of them are perfect but they are way better than what we have now. We could rename it the 'North Atlantic Union'. And that would remove the WTO (which is not nearly as good on labor and the environment) from our trade with Europe.

Of course, European liberals would probably want no part of a 'right-to-work', no-safey-net US, even if we said we would change. And American conservatives would want no part of a 'socialist' Europe and the reduction in our 'nationally sovereign' right to do anything to our workers and poor people that we feel like doing.