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U.S., EU Officials Floated TTIP Tariff Rates, Says Froman

U.S. and European Union officials recently proffered initial Transatlantic Trade and Investment Partnership (TTIP) tariff rate exchanges, in a bid to open European markets for U.S. manufacturing and agricultural sectors, U.S. Trade Representative Michael Froman said in Feb. 17 remarks…

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prior to two days of meetings with European Union Trade Commissioner Karel de Gucht in Washington D.C. “As President Obama emphasized last week, a transatlantic agreement will increase exports, support jobs, and promote growth on both sides of the Atlantic,” said Froman. The next formal TTIP negotiating round due to take place March 10-14 in Brussels, Froman said (see 14012901).