EU-US TTIP talks are unlikely to progress

2016 ◽  
Keyword(s):  
United States ◽  
Trade Agreements ◽  
The United States ◽  
The Political ◽  
Content Type ◽  
Transatlantic Trade ◽  
The Us ◽  
Trade And Investment ◽  
The Eu ◽  
Public Opposition

Subject The prospects for finalising TTIP. Significance While the EU as a whole -- the European Commission, most member states and a majority of members of the European Parliament (EP) -- appears to remain committed to a wide-ranging agreement with the United States, there are growing indications that public opposition may render the proposed Transatlantic Trade and Investment Partnership (TTIP) agreement politically unviable. Impacts TTIP is estimated to raise the EU's GDP by 0.5%. European governments may decide that such a modest growth boost is not worth the political problems generated by the negotiations. If implemented, its terms could serve as a blueprint for future trade agreements between the EU and other countries. The deal's prospects will be diminished by the US election cycle's appeals to protectionist sentiment.

ECJ ruling further dims EU-US data protection outlook

2015 ◽  
Keyword(s):  
Data Storage ◽  
Data Protection ◽  
The United States ◽  
The Internet ◽  
Content Type ◽  
Transatlantic Trade ◽  
Data Flows ◽  
The Us ◽  
Trade And Investment ◽  
The Eu

Significance The ECJ ruling could add to potential disruptions to transatlantic commercial data flows arising from the EU's developing data protection regime that a study for the US Chamber of Commerce valued at 0.8-1.3% of EU GDP. The ruling weakens the United States in negotiations over the new EU regime, as well as over the Transatlantic Trade and Investment Partnership (TTIP). Impacts The ruling may bolster development of EU-based cloud facilities as EU users seek to avoid the risks of US-based data storage. This could reduce US firms' estimated 76% share of the EU cloud market. It would also lead to further fragmentation of the internet as a global resource.

EU-US economic ties will survive testing US policies

2018 ◽  
Keyword(s):  
United States ◽  
Trade Deficit ◽  
The United States ◽  
Content Type ◽  
Transatlantic Trade ◽  
The Us ◽  
Foreign Affiliates ◽  
Commission President ◽  
Economic Ties ◽  
The Eu

Subject EU-US ties. Significance Attracting the ire of US President Donald Trump, the US goods trade deficit with the EU has widened since 2009. While Trump blames the imbalance on the EU charging higher tariffs on its US imports than the United States charges on its EU imports, the deficit is instead driven by US demand. Most US-EU trade is between foreign affiliates and the declaration between Trump and European Commission President Jean-Claude Juncker in late July reaffirmed the close economic ties between the two blocs. Impacts The prospects for US exports of LNG to the EU will be higher if Chinese retaliatory restrictions remain in place. The US farm lobby will push for agriculture to be covered in the trade negotiations. The negotiations are unlikely to lead to a return to a comprehensive Transatlantic Trade and Investment Partnership-type deal. Renegotiating US-EU goods trade tariffs will necessarily involve other chapters including services or foreign investment. Escalating trade tariffs would damage the EU but would damage the United States more owing to the size of US-EU cross-border investments.

EU digital market plans to rile US internet firms

2015 ◽  
Keyword(s):  
United States ◽  
Business Models ◽  
The United States ◽  
Content Type ◽  
Economic Diplomacy ◽  
Internet Firms ◽  
Transatlantic Trade ◽  
Sensitive Issue ◽  
Trade And Investment ◽  
The Eu

Significance The Commission aims to stimulate an economic field where the EU lags the United States. It estimates that a completed digital single market would boost EU GDP by around 3%. However, the project potentially challenges both national and sectoral preferences inside the EU, and the positions of major US internet firms. Impacts The Commission's plans are seen in the industry as deliberately undermining the business models of major US-based internet firms. Alongside separate EU actions on tax, anti-trust and data protection, they will aggravate a sensitive issue in EU-US economic diplomacy. This could damage the ongoing negotiations on the EU-US Transatlantic Trade and Investment Partnership.

Negotiating 21st Century Rules on Energy: What Is at Stake for the European Union, the United States and the BRICS?

2018 ◽  
Vol 19 (3) ◽  
pp. 415-443 ◽  
Author(s):  
Ilaria Espa ◽  
Kateryna Holzer
Keyword(s):  
United States ◽  
European Union ◽  
Renewable Energy ◽  
The United States ◽  
Energy Market ◽  
The European Union ◽  
Transatlantic Trade ◽  
Energy Trade ◽  
Trade And Investment ◽  
The Eu

Abstract In the context of the Transatlantic Trade and Investment Partnership (TTIP), the European Union (EU) has taken the lead in promoting the inclusion of a specific chapter on energy trade and investment in order to enhance energy security and promote renewable energy. Irrespective of the success of the TTIP negotiations, the EU proposal can contribute to developing multilateral rules on energy trade and investment. This is especially important given the increased number of energy disputes filed by the EU and the United States against other leading energy market players, including the BRICS. This article provides a normative analysis of the new rules proposed by the EU and reflects on potential responses of BRICS energy regulators. It argues that, while these rules are unlikely to immediately affect BRICS energy practices, they may eventually be ‘imported’ in BRICS domestic jurisdictions in order to promote renewable energy and attract investment in energy infrastructure.

European Parliament vote will raise more TTIP doubts

2015 ◽  
Keyword(s):  
The United States ◽  
European Parliament ◽  
Content Type ◽  
Transatlantic Trade ◽  
Eu Membership ◽  
Deep Integration ◽  
Economic Ties ◽  
Trade Deals ◽  
Trade And Investment ◽  
The Eu

Subject The European Parliament and the Transatlantic Trade and Investment Partnership. Significance The last-minute decision of the European Parliament (EP) to postpone a June 10 debate and vote on the Transatlantic Trade and Investment Partnership (TTIP) has exposed important divisions among its members (MEPs) over whether and how closer EU-US economic ties can be secured. While non-binding at this stage, the debate and vote would have provided important guidance to the European Commission on its priorities and room for manoeuvre as it engages in further negotiations with the United States. TTIP must ultimately be ratified by the EP, which has voted down international agreements in the past. Impacts The EP's difficulties in finalising its views could constrain the Commission in the TTIP negotiations. However, given the EP's ultimate veto over the deal, time spent now on hammering out an ISDS formula it could accept may not be wasted. Any rejection of TTIP, particularly over ISDS, could raise questions over future international trade deals premised on deep integration. TTIP rejection could even jeopardise concluded trade deals awaiting ratification, such as that between the EU and Canada. Progress on TTIP is among the measures sought by UK Prime Minister David Cameron before his EU membership referendum.

scholarly journals D. Trump as a Factor in the Political Demarcation in Europe

2020 ◽  
Vol 17 (5) ◽  
pp. 76-83
Author(s):  
Pavel Ivanov ◽  
Keyword(s):  
United States ◽  
The United States ◽  
European Countries ◽  
The Political ◽  
White House ◽  
Political Processes ◽  
The Us ◽  
Political Differences ◽  
High Level ◽  
The Eu

The article analyzes the role of the American leader as an indicator of internal political contradictions in European society. The subject of the research is the socio-political differences in Europe in the context of attitudes towards the political course and personality of US President D. Trump. The purpose of the study is to identify the main political forces that approve and share D. Trump's policies in the EU countries, the reasons for support, and efforts to advance their positions. The US initiatives to change the European political landscape are disclosed. The reasons for the growth of support for the US President and the transformation of attitudes towards him in European countries are revealed. The author reveals the conflict potential of socio-political challenges and the sharpness of disagreements regarding the policy of the White House. Conclusions are drawn about the similarity of the socio-political delimitation in European countries and the United States, a high level of D. Trump's influence on the internal political processes in the EU is noted. The author came to the conclusion about the strengthening of support for the American president, the growing popularity of the conservative parties of the «political alternative» and the deepening of the internal political division, both in Europe and in the United States.

US partisanship will damage its Middle East standing

2018 ◽  
Keyword(s):  
United States ◽  
Middle East ◽  
House Of Representatives ◽  
The United States ◽  
Content Type ◽  
Regional Role ◽  
The Us ◽  
Us Senate ◽  
Middle East Policy ◽  
The Eu

Significance Trump’s controversial Middle East policy decisions have met bipartisan criticism in the US Senate, but in the House of Representatives -- where the influence of the party grassroots is more keenly felt -- Republican congressmen have staunchly backed the president. There are growing partisan differences towards other countries, a notable shift from previous decades when party was not a clear indicator for preference. This may have a major impact on Washington’s future relationship with the Middle East. Impacts Foreign lobbying efforts in Washington will increasingly be targeted on a partisan basis. Russian foreign policy, not beholden to the vagaries of democracy, may become more influential in the Middle East. The EU could seek to play a stronger, independent regional role to replace the United States.

A substantial US-UK trade agreement is unlikely

2019 ◽  
Keyword(s):  
United States ◽  
Prime Minister ◽  
Trade Agreement ◽  
The United States ◽  
Political Agenda ◽  
The Political ◽  
Content Type ◽  
The United Kingdom ◽  
Ability To Drive ◽  
The Eu

Subject UK-US trade talks. Significance Hard-line Brexiteers have long viewed a trade agreement with the United States as an important political and economic benefit for the United Kingdom from leaving the EU. With Prime Minister Boris Johnson’s determination to deliver Brexit by October 31 with or without a deal -- the latter appearing more likely -- the prospect of UK-US trade negotiations has risen up the political agenda. Impacts Washington knows a trade deal is politically important to the Conservatives, strengthening its ability to drive a deal favourable to itself. It will be very difficult for London to address regulatory obstacles with the United States without increasing them in trade with the EU. London’s positions on such issues as Iran and Huawei will likely affect the UK’s overall leverage with the United States.

No backstop or no deal is Ireland’s Brexit dilemma

2019 ◽  
Keyword(s):  
United States ◽  
United Kingdom ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
The United States ◽  
Content Type ◽  
The United Kingdom ◽  
Increasing Risk ◽  
The Eu

Significance Despite the increasing risk and the implications of a no-deal Brexit, Ireland and the EU remain united in support of the main issue preventing a Brexit deal, the backstop. Impacts A time-limited backstop is the most likely prospect for a Brexit deal compromise. Under a no-deal Brexit, Ireland would be under pressure to implement border checks and controls in order to protect EU rules. No deal would make it harder for the United Kingdom to negotiate free-trade agreements with the EU and the United States.

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