The Transatlantic Trade and Investment Partnership (TTIP) is a proposed EU-US free trade agreement currently being negotiated. With tariffs between the two economic blocks at historic lows, the negotiations are focussing on dismantling other ‘barriers to trade’.
A key aim for the TTIP is to bring rules and regulations on both sides of the Atlantic in line with one another to achieve regulatory ‘harmonization’. This has the potential to make a significant impact on consumer protection measures that are currently in place in both the EU and US. TACD has concerns on a number of key areas of consumer policy and is calling on the negotiators to ensure that the TTIP really benefits consumers and society.