Mexican Media Brands
EU Still Stalled Over Scope of U.S. Trade Talks
Tomorrow the European Union will again debate its willingness to negotiate on trade with the U.S., Bloomberg News reports.
#labor #economics
Share
Tomorrow the European Union will again debate its willingness to negotiate on trade with the U.S., Bloomberg News reports.
Envoys will meet on Wednesday in Brussels in hopes of reaching agreement that would allow the European Commission to open the trade talks. France has so far resisted the U.S. insistence that agricultural products be a part of the negotiations.
EC representatives have signaled that restricting the discussions to cars and other industrial goods could quickly produce results.
But Bloomberg says a bigger hurdle could be the bloc’s intent to sign trade pacts only with countries that support the Paris climate accord. President Donald Trump pulled the U.S. out of that agreement shortly after taking office.
Bloomberg says the EU also wants to clarify how new trade talks would relate to the ambitious Transatlantic Trade and Investment Partnership. The origins of the broad-based TTIP date to the 1990s. Talks began in earnest in 2013 but were suspended by President Trump in 2016.
RELATED CONTENT
-
UPDATE: Unifor Ratifies GM Labor Pact by 86% Margin
Hourly workers at General Motors Co.’s CAMI assembly plant in Ingersoll, Ont., will vote today whether to accept an agreement to end a strike they began on Sept. 17.
-
Denmark, 10 Other EU Members Urge Piston Ban
Denmark and 10 other member nations of the European Union have urged the region to allow them to end gasoline and diesel engine sales by 2030.
-
Tesla Fires Hundreds of Employees It Considers Sub-Par
Tesla Inc. dismissed roughly 400 hourly and salaried employees last week, according to The Mercury News in San Jose, Calif.