How Washington Will Use the TTIP to Ruin the European Economy

Tales from the Conspiratum

Source: How Washington Will Use the TTIP to Ruin the European Economy

Activists stage mock talks as they demonstrate against the Transatlantic Trade and Investment Partnership (TTIP) between the EU and the USA outside the European Parliament at Luxembourg Place in Brussels on February 24, 2016.http://sputniknews.com

04.05.2016

Washington is continuing to pressure European leaders to sign the Transatlantic Trade and Investment Partnership (TTIP) by the end of the year. However, the EU has resisted due to fears that some sectors of its economy would not be able to compete with the US economy.

The US has mounted pressure on Brussels during recent talks on the Transatlantic Trade and Investment Partnership, the German newspaper Suddeutsche Zeitung reported.According to leaked confidential documents, the EU would have to significantly decrease social, legal and environmental standards to open European markets for US-made products.

Washington is almost blackmailing the bloc to make concessions, the article read. For instance, the US has threatened to reduce imports of European cars if Brussels rejects to buy more US-made agricultural products.

What is more, according…

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