Business, Management and Accounting
8 years ago

Transatlantic Trade Deal Threatens Global Multilateralism, Empowers Economic Superpowers

SSRN Electronic Journal
The Transatlantic Trade and Investment Partnership The Revival of Bilateralism?
Balázs Horváthy

Paper Summary

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The EU and US are negotiating the T-TIP, focusing on bilateral trade regulations instead of multilateral agreements. The T-TIP aims to go beyond reducing tariffs to address non-tariff barriers between the two major economic blocs. The paper analyzes this shift towards bilateral trade and examines the trade relations between the EU and US within this context.