Transatlantic Trade and Investment Partnership
As President Obama nears the end of his term as the Commander in Chief,he continues to diligently push for the support of a new trade deal between the United States and the European Union. This past weekend he held several town hall-like meetings in London with multitudes of young people outlining the pros if such a historic agreement would pass negotiations. Like the Trans-Pacific Partnership, an agreement passed October 2015 between United States, Japan and 10 other Pacific Rim nations, the U.S./European trade deal could promote freer flow of commerce, strengthen the existent allied relationship and bolster both economies. According to the President. TTIP is primarily a deal to cut tarriffs and regulatory barriers to trade between theUnited Statesand the European Union countries. It aims to make it easier for companies on both sides of the Atlantic to access one another’s mark…………………
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