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EU Puts TTIP Negotiations on Hold

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EU Puts TTIP Negotiations on Hold

2016-10-19 15:14:141 Oct 2018 01:53 AM EST

For now, free trade between the European Commission and the United States is on hold, despite existing negotiations.
Instead, a Commission source told Reuters the EC will wait for the next presidential administration before continuing negotiations on the Transatlantic Trade and Investment Partnership deal.
The EU will preserve the interim status reached during TTIP negotiations, as there is some progress the Commission wants to retain, instead of starting over with the next administration.
The U.S ambassador to Germany, John B. Emerson expects the Obama administration will make one final push for the deal after the election.

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