Consumer Protection

Report: Top 10 Threats of the Trans-Atlantic ‘Trade’ Deal to Americans’ Daily Lives

A “trade” deal only in name, the Trans-Atlantic Free Trade Agreement (TAFTA), which corporate proponents have tried to rebrand as the Transatlantic Trade and Investment Partnership (TTIP), would require the United States and European Union (EU) to conform domestic food and product safety standards, financial regulations, climate policies, data privacy protections and other non-trade policies to TAFTA rules – rules being negotiated in secret.

These backdoor negotiations could also force state and local governments to weaken health and safety standards and give up long-standing tools for local job creation. With national politics gridlocked, this is not the time to tie the hands of state and local governments searching for ways to spur economic growth.