UNITED STATES: ‘ President Obama’s Man in Brussels Warns EU-US Trade Deal Under Threat ‘

#AceFinanceNews – UNITED STATES – September 04 – A landmark EU-US trade deal is under threat due to “scaremongering”, the US ambassador to Brussels has warned MEPs.

In a combative debate with deputies on the European Parliament’s international trade committee on Wednesday (3 September), Anthony Gardner said that the Transatlantic Trade and Investment Partnership (TTIP) had “triggered a wave of criticism that can only be described as scaremongering”.

Gardner was making his first appearance in the parliament since his appointment as President Obama’s man in Brussels in February.

EU and US trade negotiators have now been working for over a year on a trade deal which the European Commission claims could be worth 0.5 percent of extra GDP to the bloc.

The talks were “the single most important economic issue” facing lawmakers and was the “biggest debt free stimulus available,” Gardner claimed.

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