Publication

This brief discusses the Transatlantic Trade and Investment Partnership (TTIP) between the US and EU, focusing on both the potential economic impact of the treaty as well as the public opposition to it. The authors argue that to counter public concern over the treaty, the EU Commission should 1) conclude an agreement that focuses on eliminating remaining tariffs rather than non-tariff barriers; 2) gradually harmonize the norms and standards that enable burden-sharing between regulatory bodies in the future; and 3) establish a compensation scheme for those who lose out from TTIP.