Trade Wars: Why the Central Pillar of Global Order is in Danger of Collapse as TTIP Disintegrates

Activists denounce TTIP as a Trojan Horse treaty, a trick to advance the interests of commercial elites

by Ambrose Evans-Pritchard

The Transatlantic pact intended to unite Europe and North America in a vast free trade zone is close to collapse after France called for a complete suspension of talks, accusing the US of blocking any workable compromise.

“Political support in France for these negotiations no longer exists,” said Matthias Fekl, the French commerce secretary.

Mr Fekl said his country would request a formal decision by EU ministers at a summit in Bratislava to drop the hotly-contested deal, known as the Transatlantic Trade and Investment Partnership (TTIP).

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