Q&A: The Impact of the Transatlantic Trade and Investment Partnership Deal on USA and EU Business Environments
The Transatlantic Trade and Investment Partnership (TTIP) is a trade deal currently under negotiation between the EU and the USA, which could create the world’s biggest free trade zone, boosting trade between the two. It would do so by removing trade barriers between them and harmonising regulations. Exports from the USA to the EU-28 countries declined from 21.0% of total US exports in 2009 to 17.1% by 2014.
- What existing free trade agreements do the EU and the USA have in place?
- Why do the USA and the EU want to form the Transatlantic Trade and Investment Partnership (TTIP)?
- What issues would the Transatlantic Trade and Investment Partnership (TTIP) need to address?
- What positive impact could the deal have on economies in the EU-28 and the USA?
- What are the likely drawbacks of the TTIP for the US and EU business environments?