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U.S.-EU Negotiations to Begin July 8

The U.S. and European Union will begin negotiations for the proposed Transatlantic Trade and Investment Partnership agreement July 8, the White House announced June 17. The agreement will aim to boost U.S. and EU economic growth and add more than 13 million jobs, the White House said in a statement. Some of the other negotiating objectives include:

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  • Strengthen rules-based investment
  • Eliminate all tariffs on trade
  • Increase market access while reducing non-tariff barriers, including on agricultural goods
  • Create new rules and principles on intellectual property, state-owned enterprises and localization barriers