Is Brussels Selling Out?

John Bethell | Staff Writer “The Transatlantic Trade and Investment Partnership” (TTIP), a new free trade agreement between the European Union and the United States, has caused much controversy. In short, it aims to remove trade barriers (regulations, tariffs, investment restrictions, etc.) in economic sectors to link the the world’s two largest economies – the United States and the European Union – which in 2013 generated $16.8 trillion dollars and $18.1 trillion dollars of GDP, respectively.  Proponents argue that it would promote multilateral economic growth by liberalising global trade, thus generating millions of new jobs. Evidently this is crucially important, as the two areas strive to cut … Continue reading Is Brussels Selling Out?