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German economy minister says EU-US trade talks have failed
Associated Press ^ | Aug 28, 2016 9:11 AM EDT | Frank Jordans

Posted on 08/28/2016 6:38:16 AM PDT by Olog-hai

Free trade talks between the European Union and the United States have failed, Germany’s economy minister said Sunday, citing a lack of progress on any of the major sections of the long-running negotiations.

Both Washington and Brussels have pushed for a deal by the end of the year, despite strong misgivings among some EU member states over the Trans-Atlantic Trade and Investment Partnership, or TTIP.

Sigmar Gabriel, who is also Germany’s Vice Chancellor, compared the TTIP negotiations unfavorably with a free trade deal forged between the 28-nation EU and Canada, which he said was fairer for both sides.

“In my opinion, the negotiations with the United States have de facto failed, even though nobody is really admitting it,” Gabriel said during a question-and-answer session with citizens in Berlin. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Foreign Affairs; Germany
KEYWORDS: eurozone; eussr; freetrade; globalism; obama; sigmargabriel; socialmarketeconomy; ttip

1 posted on 08/28/2016 6:38:16 AM PDT by Olog-hai
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To: Olog-hai

Now we go to the back of the queue.


2 posted on 08/28/2016 6:40:29 AM PDT by oblomov (We have passed the point where "law," properly speaking, has any further application. - C. Thomas)
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To: oblomov

Without knowing specifics, I’m pleased at 1st glance. Any deal struck by this administration isn’t likely a good one for us.


3 posted on 08/28/2016 6:49:03 AM PDT by chiller (One from the Right - One for the Fight)
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To: Olog-hai

Since we get ripped off by every country in the world, isn’t a trade breakdown a good thing?


4 posted on 08/28/2016 7:12:54 AM PDT by GOPJ (George Will:fly-overs might not know Senators names, but we know a bribe and liars when we see them.)
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To: chiller

I agree. No more deals under this admin.


5 posted on 08/28/2016 7:13:43 AM PDT by Mollypitcher1 (I have not yet begun to fight....John Paul Jones)
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To: GOPJ
Since we get ripped off by every country in the world,

Not all of them rip us off.

The Chinese and the third world, glom anything and everything, the euros squeeze it out of Google, Apple Starbucks...

6 posted on 08/28/2016 8:02:47 AM PDT by DUMBGRUNT (Looks like it's pretty hairy.)
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To: DUMBGRUNT

LOL - OK, that makes it better...


7 posted on 08/28/2016 8:08:12 AM PDT by GOPJ (George Will:fly-overs might not know Senators names, but we know a bribe and liars when we see them.)
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To: Mollypitcher1

President Trump is better equipped at making deals that benefit us rather than our enemies.


8 posted on 08/28/2016 9:04:10 AM PDT by bgill (From the CDC site, "We don't know how people are infected with Ebola")
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To: bgill

Agreed!!! No more selling out America!


9 posted on 08/28/2016 9:19:12 AM PDT by Mollypitcher1 (I have not yet begun to fight....John Paul Jones)
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