Trade Officials Show Decreasing Optimism Toward the Trans-Atlantic Trade Agreement

By Craig Tarasoff

Over the past year, the US and the European Union have been in negotiations for a trade agreement to lower tariffs, create jobs, and increase growth. Discussions of the Transatlantic Trade and Investment Partnership (TTIP) have stalled due to midterm elections in the US and disagreements over important issues such as the ability of companies to “sue governments to enforce terms of any trade deal.” The next round of negotiations will take place in Brussels in February. This agreement could be one of the largest in the world, but disputes over enforcement mechanisms may continue to derail progress. Read more from the New York Times.