In view of billions in subsidies in the United States, the German auto industry is pressing for rapid negotiations on a free trade agreement with the United States.
Germany’s finance minister has put the controversial Transatlantic Trade and Investment Partnership (TTIP) free trade deal between the US and European Union back on the agenda.
Global Risk Insights
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 Mission to International Organizations in Geneva
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.