The document outlines the main objectives of the TTIP, which are to eliminate tariffs and trade barriers on goods and services between the US and EU, lower customs duties on digital products, ensure equal labor and environmental standards, and obtain agreement on intellectual property rights and product standards. It then lists some areas of concern regarding the TTIP, such as its potential impacts on food safety, toxic chemicals regulation, climate policy, and transparency of the negotiations.

2. • Eliminate both tariff and non-tariff barriers on goods
– including agriculture, industrial, and consumer products.
• Lower trade barriers on services.
• Eliminate customs duties on digital commerce and IT
– including movies, music, TV shows, video games, etc.
• Grant comparable rights to U.S. investors in the EU and
vice versa.
• Reduce or eliminate artificial or trade-distorting barriers.
• Enhance customs cooperation between the U.S. and the
EU.
• Ensure equal labour rights in the U.S. and the EU, with the
objective of avoiding unfair labour competition.
• Obtain mutual agreement on environmental standards,
intellectual property rights and product standards.
MAIN OBJECTIVES OF THE TTIP:

3. DOES THE TTIP MAKE TRADE TOO LIBERAL?
AREAS OF CONCERN:
• FOOD → Risks: growth hormones, pesticides,
antibiotics, etc. The proof of the safety of a product
could be given by those who seek to sell it.
• TOXICS → Lack of a precautionary principle: all
chemicals are safe, unless proven otherwise.
• CLIMATE → EU rules to combat climate change seen
as barriers to trade.
• TRANSPARENCY → TTIP negotiating rounds take
place behind closed doors.