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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAmerican surveillance may kill US-EU free-trade talks
http://rt.com/business/nsa-free-trade-spying-477/The biggest bilateral trade deal in history, reached at the G8 Summit, is possibly at risk as rapport between the US and EU quickly degenerates over leaks which reveal the US allegedly spied on EU diplomats.
The trade relationship, valued at hundreds of billions of dollars, could boost economic growth on both sides of the Atlantic, and potentially be a key factor in ending the economic downturn.
EU leaders are demanding answers after leaked NSA documents revealed the US was tracking diplomatic communications, an accusation, if proved true, could derail the historic free-trade deal.
Both France and Germany, Europes largest and second largest economy have both responded strongly to the alleged spying practices.
We cant afford much more (un) free trade.
KoKo
(84,711 posts)marions ghost
(19,841 posts)while they were busy dismantling democracy in this country and excessively surveilling the world.
I hope Europe kicks our ass good. Might be what that arrogant out-of-control bully America needs to reform. Europe still has some ethics in spots, and more intelligent thinking in the upper echelons of power.
Crimes against humanity shouldn't get a payoff.
reformist2
(9,841 posts)flamingdem
(39,313 posts)curious
closeupready
(29,503 posts)Diminishing labor is. K&R
flamingdem
(39,313 posts)I am not up on the impact on unions or other workers in the US
closeupready
(29,503 posts)While enriching management and shareholders.
Not sure what else you need to know about these duplicitous trade negotiations.
flamingdem
(39,313 posts)I can google
closeupready
(29,503 posts)is that it seems as if every single "trade" deal over the last 30 years has been to the benefit of management and the detriment of labor.
So news that a development has halted yet another likely-shitty deal is "fine with me".
Cheers.
usGovOwesUs3Trillion
(2,022 posts)WTF are these nitwits thinking?
WovenGems
(776 posts)I want all Free Trade to suffer a horrible death. Taking down all its proponents in doing so. And for Fair Trade to save the day.
Orrex
(63,215 posts)1-Old-Man
(2,667 posts)Now its time for France and Germany to break their Unions. We may complain of cheap asian labor competing with our own jobs, but to the EU we are the cheap labor and when we can trade freely with them it is the people of the EU who will suffer the loss of the one thing that keeps a working man more than a slave - Trade Unions.