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dipsydoodle

(42,239 posts)
Mon Jul 8, 2013, 04:24 AM Jul 2013

Transatlantic trade talks set to open amid tensions

Source: BBC News

Talks aimed at creating the world's largest free trade zone between the European Union and the US are set to open amid tensions over spying and protected industries.

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Direct tariffs on goods and services between the two are already low, but there are other barriers such as regulatory and safety standards, inspection procedures, and preferences for domestic business.

Removing these could significantly reduce the costs for companies doing transatlantic business.

For example, European negotiators will be pushing for US states, cities and federal departments to drop preferences for American contractors.

In turn, Washington will be looking for the EU to open up its market to US biotechnology firms wanting to sell products like genetically-modified foods, something which remains controversial in Europe.

http://www.bbc.co.uk/news/business-23221503

Read more: http://www.bbc.co.uk/news/business-23221503



So-called free trade talks should be in the public, not corporate interest http://www.democraticunderground.com/10023193851

GM labelling.

In the EU, if a food contains or consists of genetically modified organisms (GMOs), or contains ingredients produced from GMOs, this must be indicated on the label. For GM products sold 'loose', information must be displayed immediately next to the food to indicate that it is GM.

On 18 April 2004, new rules for GM labelling came into force in all EU Member States.

The GM Food and Feed Regulation (EC) No. 1829/2003 lays down rules to cover all GM food and animal feed, regardless of the presence of any GM material in the final product.

This means products such as flour, oils and glucose syrups have to be labelled as GM if they are from a GM source.

http://www.food.gov.uk/policy-advice/gm/gm_labelling#.Udp3hazhKSo
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Berlum

(7,044 posts)
1. Transparency is needed
Mon Jul 8, 2013, 05:24 AM
Jul 2013

Corporations will have a say. What about the people?

(O, my bad, I forgot that the Supreme Court acted like God and make corporations people.)

pampango

(24,692 posts)
3. Where did you get that information?
Mon Jul 8, 2013, 06:39 AM
Jul 2013

In 2012 agricultural exports to Europe were $9.9 billion. Exports of manufactured goods was $265 billion with the leading products being "chemicals, transportation equipment, computer and electronic products and machinery."

Of course, if you do not work in agriculture or manufacturing this still may not benefit you in any direct way either.

http://trade.gov/press/press-releases/2013/export-factsheet-january2013-011113.pdf
http://www.ustr.gov/countries-regions/europe-middle-east/europe/european-union

 

quadrature

(2,049 posts)
7. here is how life works
Mon Jul 8, 2013, 07:15 AM
Jul 2013

the Americans want some type
of concession, usually related to foreign matters.
typical would be, basing of US forces
in their country.

the typical deal is(in addition to the above),
the EU agrees to buy US grain, of course they
need somebody's grain anyway, so it costs
them nothing.
the US agrees to be wide open to EU goods.

please enlighten me if that isn't the way
it is

pampango

(24,692 posts)
10. That's a wonderful theory but the numbers don't seem to back it up.
Mon Jul 8, 2013, 07:52 AM
Jul 2013

We buy more agricultural products from Europe ($16.6 billion a year) than they buy from us ($9.9 billion). Are they exporting so much more in agricultural products to us in the hopes of getting EU military bases on US soil? And we export 27 times more manufactured goods to Europe than we do agricultural products.

How does your view of "the way it is" account for these numbers? And in what special way did the US agree "to be wide open to EU goods"? Did we grant them one-way no-tariff trade or lower tariffs for countries with US military bases?

Your theory of "the way it is" may be accurate but I could use more explanation of how it works, what laws or regulations enable it and how it is consistent with US/EU trade numbers.

KansDem

(28,498 posts)
4. So we have the TAT (Trans-Atlantic Trade) and the TPP...
Mon Jul 8, 2013, 06:41 AM
Jul 2013

...(Trans-Pacific Partnership) negotiations going on at the same time?

And to think many of us believe Congress isn't doing anything!

dipsydoodle

(42,239 posts)
9. That would collapse faster than the Doha round of talks.
Mon Jul 8, 2013, 07:27 AM
Jul 2013

They've got quite enough problems in Africa with imports of US farm goods subject to US farm subsidies as it is. Puts African farmers out of business. Thta's not just food stuffs its cotton too.

The desperate plight of Africa's cotton farmers.

The skewed nature of cotton production means that American and European growers receive subsidies while many Malian growers are earning barely £200 a year.

read on.............http://www.guardian.co.uk/world/2010/nov/14/mali-cotton-farmer-fair-trade

 

fasttense

(17,301 posts)
6. So, buying locally and having inspections and safety standards are considered Barriers?
Mon Jul 8, 2013, 07:12 AM
Jul 2013

"Direct tariffs on goods and services between the two are already low, but there are other barriers such as regulatory and safety standards, inspection procedures, and preferences for domestic business.

So, farmers markets are barriers to trade because they promote a preference for domestic businesses. Can't have safety standards or require inspections because they hinder trade too. So everything from safe clean food to helping out your neighbor by buying his products must be subordinated to foreign trade.

Kolesar

(31,182 posts)
8. My employer gets a 5% advantage on our bids to the US Navy
Mon Jul 8, 2013, 07:15 AM
Jul 2013

"Why is the Navy buying Siemens controllers? It's our fucking Navy" -- our general manager and senior VP

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