US Envoy Complains to EU about Ag Trade Deficit

trade_and_agriculture.jpgThe U.S. ambassador to the European Union has accused the European Commission of potentially endangering the Transatlantic Trade and Investment Partnership (TTIP) with its stance in the agriculture negotiations.

Daily News| March 22, 2016 |Inside US Trade]

Ambassador Anthony Gardner charged in a March 17 speech that the commission is seeking to expand its already large market access in the United States without being willing to open its market to U.S. exports despite the fact that the U.S. already has a significant agricultural trade deficit with the EU.

Given the importance of agriculture to most of the 50 U.S. states, it is hard to see how Congress could approve a TTIP agreement that contains that disparity, he told the American Chamber of Commerce to the European Union's 2016 Transatlantic Conference.

“The European Commission has a choice: either it can continue to pretend that the U.S. is the problem on agriculture, or it can actually start addressing the glaring imbalance,” he told the conference.

Read more at Inside US Trade

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  • commented 2016-03-23 16:43:53 -0400
    Anything “endangering” the TTIP is welcome news. There is a lot more at stake here than agricultural trade. Experts in financial regulation warn the weak Dodd-Frank financial regulation law is likely to be chiseled away under EU pressure if the TTIP passes, as just one of many examples of the threat to American national (and therefore popular) sovereignty under the global governance of treaty law and the international tribunals thus created. any body in Washington who works to advance the TTIP (or the TPP) is treasonous to our country by working to offshore our economy and sovereignty beyond any accountability to the citizens of our republic.