WHO WINS THE TRANSATLANTIC TRADE DEAL ?

WHO WINS THE TRANSATLANTIC TRADE DEAL ?

Author : Peter Chase, a former US diplomat and Vice President for Europe of the US Chamber of Commerce

The US-EU trade deal announced on July 28 lifts tariffs on most European exports to the US to 15% from a present average of 1.2%, the highest level in decades. Europe will not raise its tariffs and is expected to reduce them.

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