Thursday, December 5, 2013

Reasons for Caution on TTIP

Transatlantic Trade and Investment Partnership (TTIP): Pitfalls and Promises, with Rea S. Hederman Jr., Bryan Riley and Luke Coffey, Heritage Foundation Issue Brief #4100, December 5, 2013. "The promotion of economic freedom is a vital part of U.S. foreign and domestic policy. A TTIP that genuinely reduced trade barriers would contribute significantly to this aim. But, though negotiations are still at an early stage, there are reasons to be concerned that TTIP will not free trade but instead build a transatlantic managed market. This would reduce or even eliminate U.S. gains from TTIP and would not promote economic freedom. The U.S. should continue negotiating but be cautious and assess any agreement on its merits."

No comments: