But don't take my word for it, go and research on the Internet. I have included a video and some comments from different organisations to get you started.
Friends of the Earth say
Pro-TTIP lobbyists say the trade deal will result in EU-wide growth, jobs and prosperity.
In reality it will:
- Lower EU and UK food, environmental and health standards
- Allow foreign companies to sue governments in private international courts
- Undermine international efforts to combat climate change
- Not live up to the promised economic benefits.
Global Justice say:
Our public services, environment and democracy are under threat from the biggest corporate power grab in a decade.
Behind closed doors, the EU is drawing up a dangerous new trade deal called the Transatlantic Trade and Investment Partnership (TTIP). For the first time on a grand scale, corporations would be able to sue governments if they make public policy decisions which could harm their future profits. Regulation which currently protects people, public services and the environment could be removed.
The BBC are for it, they say:
What is the TTIP?
The Transatlantic Trade and Investment Partnership, now generally known as TTIP, is primarily a deal to cut tariffs and regulatory barriers to trade between the US and EU countries, making it easier for companies on both sides of the Atlantic to access each other's markets. Industries it would affect include pharmaceuticals, cars, energy, finance, chemicals, clothing and food and drink.
Patients for the NHS say
EU/US Free Trade Agreement (or TTIP as this one is called)
Free trade agreements (FTAs) might seem a million miles from the NHS. However, FTAs are not just about the trading of goods. They also cover services and corporate rights. The Coalition Government is keen to negotiate a FTA between the EU and the USA in which health services will be treated as things to be bought, sold and profited from. This will have disastrous consequences for the NHS. In this section of the website we attempt to explain why.
The European Commission is rather more bland, they say:
What is the TTIP?
The Transatlantic Trade and Investment Partnership, or TTIP, is a trade and investment agreement, which the European Union (EU) is negotiating with the United States - our biggest export market.
Customs duties, red tape and restrictions on investment on each side of the Atlantic can make it difficult to buy and sell goods and services on the other. Getting rid of these barriers to trade between the EU and the US would boost our economy, create jobs and widen choice and lower prices for consumers.