The Beginning Of The End For TTIP?

A_Medium_Size_Jock

Is this the beginning of the end for TTIP?
The German Vice Chancellor & Economy Minister Sigmar Gabriel thinks so.

https://www.rt.com/business/357454-ttip-talks-failed-eu/

Nick_C

Guess that puts us at the front of the queue in negotiating a trade deal with the US then!

zagubov

Nick_C wrote: »

Guess that puts us at the front of the queue in negotiating a trade deal with the US then!

As long as its not like TTIP!;)

Rinoa

EU fails again. Virtually impossible to make trade deals with 27 countries all having their red lines. When we've got the EU off our backs we'll have trade deals the EU can only dream of.

Thrugelmir

More to this I suspect.

War of words hots up between US and EU over tax avoidance

The US has been accused of “behaving like a tax haven”, in an escalating war of words between Washington and Brussels over the European commission’s anti-trust cases against Apple, Amazon and Starbucks.

On Wednesday, the US Treasury threatened retaliation if Europe continues its tax crusade against American multinationals.

https://www.theguardian.com/business/2016/aug/25/war-of-words-eu-us-tax-avoidance-starbucks-apple-amazon

A_Medium_Size_Jock

Thrugelmir wrote: »

More to this I suspect.

Ah yes, this has been rumbling on for a little while & seems to be coming to a head; "The US has launched a stinging attack on the European Commission in a last-ditch bid to dissuade Brussels from hitting Apple with a demand for billions of euros in underpaid taxes."
https://www.ft.com/content/1081af60-69f3-11e6-a0b1-d87a9fea034f

ETA - it does appear to be a kinda "tit-for-tat".
USA fines VW, BP, banks etc.
So EU fines Apple, Starbucks, etc. .........

Thrugelmir

Globalisation may well have peaked. There's also another issue although unrelated is connected.

PwC faces 3 major trials that threaten its business

http://www.marketwatch.com/story/pwc-faces-three-major-trials-that-could-put-firm-out-of-business-2016-08-12

If PWC falls (not terminally though) . Then so do the other big 3 international auditing firms as all involved with the banking industry. Be difficult for other multi-national companies to get their annual group accounts signed off. As at national level the other accountancy firms don't have the resources to perform the role.

daveyjp

Rinoa wrote: »

EU fails again. Virtually impossible to make trade deals with 27 countries all having their red lines. When we've got the EU off our backs we'll have trade deals the EU can only dream of.

Does that include having a trade deal with 27 countries that all have red lines? Apparently its virtually impossible to make trade deals with them.

CLAPTON

daveyjp wrote: »

Does that include having a trade deal with 27 countries that all have red lines? Apparently its virtually impossible to make trade deals with them.

It will certainly involving trading with all 27 white christian countries of the Eu and also with all black african countries as well.

Whether we have a 'trade deal' depends upon the deal. Certainly we should never again have an EU 'deal ' that forces us to discriminate against non whitle, non christian, non european countries. In 50 years time people will look back in disbelieve how many considered that behaviour as acceptable.

A_Medium_Size_Jock

The French trade minister Mattias Fec kl joined the German Economy Minister Sigmar Gabriel in pronouncing The Transatlantic Trade and Investment Partnership (TTIP) a failure.

https://www.neweurope.eu/article/franco-german-socialists-democrats-pronounce-ttip-dead/

Herzlos

zagubov wrote: »

As long as its not like TTIP!;)

Why wouldn't it be TTIP? I mean, the EU managed to kill it off, but we won't have anything like that much sway.