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US Trade Chief to Skeptical France: US-EU Deal Not a Threat

US Trade Chief to Skeptical France: US-EU Deal Not a Threat

Wednesday, 01 June 2016 09:17 AM

PARIS (AP) — The top U.S. trade negotiator is insisting that an ambitious, divisive trade deal being discussed with the European Union would be a boon for French products — not a threat.

Ambassador Michael Froman spoke Wednesday in Paris as the Obama administration is pushing to reach a deal this year. It's not a top priority for Europe, and French President Francois Hollande threatened last month to reject it if it's too friendly to U.S. business.

Froman said: "We welcome French products, we value French products. We see this as a way to expand that relationship."

French officials notably want better farming and environmental protections in the Trans-Atlantic Trade and Investment Partnership, or TTIP, which would encompass half the world economy.

Froman argued that the deal is "not about deregulation."

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The top U.S. trade negotiator is insisting that an ambitious, divisive trade deal being discussed with the European Union would be a boon for French products - not a threat.Ambassador Michael Froman spoke Wednesday in Paris as the Obama administration is pushing to reach a...
EU,Europe,US,Trade
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2016-17-01
Wednesday, 01 June 2016 09:17 AM
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