Europe

European Commission Suspends Trade Talks With US

Concerned that social protections could be undermined

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The European Commission has suspended talks on part of a far-reaching EU-US free trade deal amid concern that hard-won social protections in Europe might be undermined.

The trade negotiations began last year but now the Commission has launched a three-month public consultation on the proposed investment rules for firms.

The aim is to close legal loopholes.

Consumer and environmental lobbyists say there is a risk of the EU accepting lower US standards in many areas.

The proposed EU-US Transatlantic Trade and Investment Partnership (TTIP) could bring huge benefits for Europe and America, the Commission says.

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