ISDS Case Map
TTIP
A cooperation plan between Brussels and Washington reportedly includes attempts to revive parts of Transatlantic Trade and Investment Partnership (TTIP) that focus on regulatory cooperation regarding new technologies.
The EU does not see it feasible going back to deep and comprehensive free trade agreement negotiations with the US but would explore mini-deals.
The EU agreed to drop its 8% tariff on US lobsters while the US agreed to cut in half tariffs on EU imports, including some prepared meals, crystal glassware and cigarette lighters.
The EU’s top trade official hopes the economic fallout of the coronavirus pandemic will spur efforts to heal US trade ties, bogged down in a tit-for-tat tariff feud.
Will the EU concede to the demands of US negotiators on food standards? The Commission can in fact circumvent the mandate by using other methods that make it much easier to weaken standards.
The European Union is prepared to lower barriers for US agricultural goods such as GMOs as part of a mini trade deal, but don’t expect bigger concessions like cutting tariffs or changing EU laws, an EU official said.
Attempts by EU and US officials to come to an interim ‘mini’ agreement on modest issues by March 18th have been met with scepticism among European lawmakers.
US trade negotiators, Agriculture Secretary, and American farm interests have all been crystal clear: the precautionary principle must go, and now is the time to finally axe it.
It is time for America and Europe to embrace innovation and technology in a safe, sustainable agriculture, says US Secretary of Agriculture.
The US is troubled by the EU’s non-tariff barriers that impede the use of modern agricultural tools and technologies such as biotechnology, veterinary drugs and pathogen reduction treatments.
