The European Union will have to establish new trading partnerships if its traditional economic and political ally the United States heads down a path of protectionism, Eurogroup President Jeroen Dijsselbloem said on Tuesday. "We don't yet know if that is going to happen," Dijsselbloem told the RTL broadcaster. "Europe must not sit back and blindly wait for what happens in the United States, but move ahead itself, also in the area of trade." Dijsselbloem's comments came amid a backlash in the...

The EU and the United States have made considerable progress in negotiating a Transatlantic Trade and Investment Partnership (T-TIP) agreement since the negotiations were launched in July 2013.   During that period, the economic and strategic rationale for an agreement between the world’s two largest advanced industrial economies has only grown stronger.  T-TIP would increase the exports and investment flows that fuel our economies and support high-quality jobs on both sides of the Atlantic.  It would also enable the EU and...

Trade Commissioner Cecilia Malmström and United States Trade Representative Michael Froman have today published a joint assessment of the progress made in the negotiations for a Transatlantic Trade and Investment Partnership (TTIP) since negotiations started in July 2013. Commissioner Malmström said: "As discussed with Member States at the last Trade Council in November, this assessment aims to outline and summarize where things stand in the EU-US trade talks, building on our established policy of increased transparency in these negotiations. The...

EU countries are considering signing the free trade agreement with Canada this month, but the Comprehensive Economic Trade Agreement (CETA) is far from the only deal the EU is working on. Various deals are being negotiated all over the globe, but they can only enter into force if the European Parliament approves them. Read on for an overview of negotiations in progress and a discussion of how it works. Types of agreements The EU has different types of agreements in place...

Chief Negotiator for the United States Dan Mullaney: We were very pleased to host our EU colleagues for the 15th Round of T-TIP negotiations here in New York City, which, as the location of some of the world’s busiest air and seaports, is a living testament to the importance of trade, especially across the Atlantic. We have heard some skeptical voices about T-TIP lately, but I want to emphasize that the United States remains fully engaged in these negotiations and...

The U.S. Department of Commerce today issued its Jobs Supported by Export Destination 2015 report showing that U.S. goods exports to current free trade agreement partners supported more than 3 million jobs in 2015, an increase of more than 22 percent since 2009. U.S. goods and services exports to our North American Free Trade Agreement (NAFTA) partners – Canada and Mexico – alone accounted for nearly one out of four jobs supported by exports. “This report clearly shows how American...

Trade ministers from European Union member states will convene in Bratislava, Slovakia later this week to discuss the fate of the Transatlantic Trade and Investment Partnership (TTIP). The goal of the summit is to assess whether negotiations are in an advanced enough state to enter the so-called end-game, in which the United States and European Union would resolve remaining differences and agree upon final texts. EU Trade Commissioner Cecilia Malmström and U.S. Trade Representative Michael Froman maintain that successful...

The 15th round of EU-US trade talks will take place in New York from Monday 3 to Friday 7 October 2016. NEGOTIATIONS The fifteenth round of EU-US negotiations on the Transatlantic Trade and Investment Partnership (TTIP) agreement will take place in New York, from 3 – 7 October. Both EU and US Chief Negotiators will take a break from the talks to brief the stakeholders on the update of negotiations. The event will take place on Wednesday, 5 October. CHIEF NEGOTIATORS BRIEFING The...