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TTIP trade deal on the rocks?

Aug. 28, 2016 11:17 AM ETEWG, GF, TKF, TUR, FGM, DBGR, DXGE, HEWG, QDEU, DAXBy: Yoel Minkoff, SA News Editor11 Comments
  • Free trade talks between the EU and the U.S. have failed "even though nobody is really admitting it," Germany's economy minister said Sunday, citing a lack of progress on any of the major sections of the long-running negotiations.
  • Both Washington and Brussels have pushed for a deal by the end of the year, despite strong misgivings among some EU member states over the Transatlantic Trade and Investment Partnership, or TTIP.
  • Sigmar Gabriel, who is also Germany's vice chancellor, added that Turkey was unlikely to join the EU during his political career, saying the bloc was not in the position to take in Ankara even if it met all the entry requirements tomorrow.

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