CLEAN : US EU wrap up third round of free trade ta

The press conference discusses the EU's 28% tariff on US denim exports and the scope of negotiations. It emphasizes maintaining high standards in market access, tariffs, procurement, and services. The TTIP aims to protect regulatory autonomy and ensure strong investor protections. The focus is on achieving a quality agreement that boosts growth, jobs, and competitiveness.

What was the EU's action regarding US denim exports?

• They banned all imports.

• They increased imports by 50%.

• They reduced tariffs by 10%.

• They imposed a 28% tariff.

What are the three components of the market access agenda discussed?

• Trade, technology, and telecommunications

• Privacy, health, and safety standards

• Consumer rights, environmental standards, and health regulations

• Tariffs, procurement, and services and investment

What is a key goal of the TTIP negotiations?

• To protect the right of governments to regulate in the public interest

• To increase consumer prices

• To deregulate all industries

• To eliminate all tariffs

What is the speaker's stance on the speed of the negotiations?

• They want to delay the negotiations indefinitely.

• They are not concerned about the speed.

• They prefer to take as much time as needed.

• They want to move quickly without sacrificing quality.

What is the expected outcome of the agreement according to the speaker?

• To decrease consumer protection standards

• To increase tariffs on all imports

• To increase growth, jobs, and international competitiveness

• To reduce international trade