Wall Street Journal (May 21)
There’s a reason “why so many countries are open to U.S.-led trade pacts, like TPP and its European counterpart, the Transatlantic Trade and Investment Partnership. History shows the U.S. trade agenda, while far from perfect, has nevertheless provided sizable benefits to its partners.”
The Economist (February 22, 2014)
“If not championed by leaders who understand its broad benefits,” free trade “will constantly be eroded by narrow economic nationalism. Mr Obama now appears to be surrendering to protectionists within his own party. If he cannot drag Democrats back to their senses, the world will lose its best opportunity in two decades.” Estimates have placed the combined benefit from the Transatlantic Trade and Investment Partnership (TTIP) and the Trans-Pacific Partnership (TPP) at $200 billion for the U.S. alone and $600 billion worldwide.
Tags: Benefits, Democrats, Free trade, Leaders, Nationalism, Obama, Opportunity, Protectionists, Surrender, TPP, TTIP, U.S.
Financial Times (February 16, 2014)
The “US and EU must not lose momentum on the TTIP talks.” Successfully concluding the Transatlantic Trade and Investment Partnership (TTIP) “would not only bolster prosperity in the participating countries; it could be a springboard for new global trade talks.”
Tags: EU, Global trade, Momentum, Prosperity, Springboard, TTIP, U.S.
