"The Americans Give Us Nothing": France Effectively Kills TTIP, Calls For End To Negotiations

Tyler Durden's picture

Just two days after Germany's outspoken vice chancellor (who has over the past 48 hours slammed not just Merkel's refugee policy but also Brexit negotiation demands), announced that Obama's transatlantic trade treaty, the TTIP, is dead, saying negotiations have failed because "we Europeans did not want to subject ourselves to American demands", France voiced its support to the German position when the French trade minister on Tuesday called for an end to trade negotiations between the European Union and the U.S., the firmest sign yet of opposition in Europe to what would be the most ambitious trade deal in decades.

Matthias Fekl, cited by the WSJ, said on French radio that “France no longer politically supports these negotiations,” adding that “The Americans are giving us nothing. This is not how allies should be negotiating.” Fekl said he would ask the European Commission, the EU’s executive arm, at a meeting of trade ministers late September to end negotiations over the Transatlantic Trade and Investment Partnership, generally known as TTIP. The Commission leads talks with the U.S. for the EU.

"There should be an absolute clear end so that we can restart them on good basis," he said on RMC Radio, adding he would suggest that course to fellow ministers.

Fekl echoed the position of Germany's econ minister Gabriel who said on Sunday that TTIP negotiations had effectively failed after Europe refused to accept some U.S. demands. Gabriel is the chairman of Germany's Social Democrats (SPD), who share power with Chancellor Angela Merkel's conservatives.

While many German Social Democrats have serious reservations about TTIP but Merkel backs the talks: her spokesman insisted on Monday that talks should continue, while Germany's Foreign Minister Frank-Walter Steinmeier - also a member of the SPD - said on Tuesday that both sides were still far away from agreeing on standards and procedures.

However, with the French veto it seems that Merkel is now out of luck.

Fekl’s comments show how skepticism of trade deals is surging on both sides of the Atlantic. In the U.S., President Barack Obama faces a tough battle in Congress to pass another major trade deal, the Trans-Pacific Partnership. Donald Trump and Sen. Bernie Sanders bolstered their support during the presidential race by strongly opposing trade deals, putting pressure on Democratic nominee Hillary Clinton to adopt a more skeptical stance on trade.

In Europe, politicians in the bloc’s biggest economic powers, France and Germany, find themselves under fire for supporting negotiations with the U.S. Marine Le Pen, the head of France’s right-wing National Front party, has repeatedly attacked President François Hollande for backing the talks.

Three years of TTIP negotiations have failed to resolve multiple differences, including over food and environmental safety, but the USTR's spokesman told German magazine Der Spiegel the negotiations "are in fact making steady progress". The deal is expected to eliminate almost all tariffs and reduce regulatory red tape that acts to limit trade, establishing what would effectively be a vast, trans-Atlanic free-trade zone. But fears have persisted in Europe that the deal will require the region to accept U.S.-backed technologies, such as biotech crops, that the region opposes.

The White House has said this week it aims to reach a deal by the end of the year. "It's going to require the resolution of some pretty thorny negotiations, but the president and his team are committed to doing that," White House spokesman Josh Earnest told reporters in Washington.

Meanwhile, the European Commission also remains upbeat. Although trade talks take time, the ball is rolling right now and the Commission is making steady progress in the ongoing TTIP negotiations," the executive's spokesman, Margaritis Schinas, told a news conference in Brussels on Monday.

Supporters say the TTIP could deliver more than $100 billion worth of economic gains on both sides of the Atlantic, according to Reuters, but critics say the pact would hand too much power to big multinationals at the expense of consumers and workers.  It would also likely result in even more mass layoffs.

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Stu Elsample's picture

The Frogs can prove that they actually have some balls when the leave the EU

silverer's picture

I'd be even more impressed if they moved to help get rid of that total sellout, Merkel.

wildbad's picture

..easy boyo, its on the list

FireBrander's picture

50% of Germans approve of her work and want to keep her in office; when 50% of the population has lost touch with reality, an unpleaseant reality check is in the cards.

duo's picture

The French didn't feel like paying $600 for an EpiPen, or more like it, having to pay Mylan $600 each from government coffers after they lose an ISDS claim.

Killdo's picture

not that Americans have any ballas at all - they always slavishly accept whatever corporations and their useful idiots request - no matter how destructive to people/environment. No nation has less balls than the USSA

Dark Daze's picture
Dark Daze (not verified) Aug 30, 2016 7:55 AM

So, the French, and the Germans come to understand what Canadians have known for 300 years. That when you 'negotiate' with Uncle Sam, there is always a loaded six shooter, under the table, pointing at you. Better to just leave them alone, and let them collapse.

nightwish's picture

Why not have the bartender club em in the head from behind?

King Tut's picture
King Tut (not verified) Dark Daze Aug 30, 2016 8:05 AM

You Canucks could always stop kissing House of Windsor ass and join us as the 51st state, eh?

GoldMiser's picture

You just want our beer, besides, house of windsor or Rothschild it's all the same inbred family affair... either way you're kissing old ass... jeez... have a beer.

Dark Daze's picture
Dark Daze (not verified) King Tut Aug 30, 2016 9:43 AM

Err, no, actually, we repatriated our Constitution in 1982. We are a full and free member of the Commonwealth, but that is where it ends.

Talking about joining up, this has been on America's mind since 1776. In the war of 1812 you 'offered' 'liberty' or total annihilation. We declined. 40 years later, you offered a pact, again, and the slogan of the day in Canada was 'No truck nor trade with the Yankees', so you see, we are rather fucking pissed at you, and have been for a very long time. You might say that we were the very first to get royally fucked over by you, but we did beat you back, brutally, and you never tried again.

Personally, I think it is not a matter of Canada joining the US (or what's left of it), it is more a matter of some selective areas of the US joining Canada. After all, we have succeeded and you have failed, miserably. We have a strong, healthy, vibrant, laid back, educated, peacful population and you have, well, a rats nets of insurrection, gun murders, bankruptcy, poisoned land and food, uneducated and violent populations, inner city ghettos, two nuclear powers that want to annihilate you and a Supreme Court, Congress, Military, and government bureaucracy that is corrupt from top to bottom

So, here's the deal. We merge all the former New England States as well as the West Coast as far south as, but not including San Fransico into Canada, and let the rest implode. Of course you will use our money, follow our laws, lay down all your weapons, and vote Liberal for the rest of your lives.

Those are the terms. Take it or leave it.

 

Apocalicious's picture

Nah. I think you'll begin to welcome all those rats - mostly of a certain persuasion, or two - and then your grand experiment won't look much better, just like is happening in all the other socialist "utopias." See it works just fine until the parasites outweigh the contributors, and then, yes, the contributors get PISSED AS FUCK. 

 

And please, take New York and San Francisco, moron. 

Dark Daze's picture
Dark Daze (not verified) Apocalicious Aug 30, 2016 11:54 AM

Well, Canada is certainly no utopia, it's cold as fuck, hard to get fresh food in the winter, and we live next door to this incredible annoying neighbor. As for parasites, well, I would think that you know much more about them than we do since your entire country is run by them. 

As for New York and San Fran, we have a deal with Putin for them. And it still makes me laugh when any ignorant yank tries to suggest we are 'socialist'. We are humanists, for sure, but socialists, not so much. We simply understand the power of many people joining together to benefit the common good, i.e health care, pensions, etc. Too bad you don't understand that, since millions of your people will either starve to death, commit suicide or get gunned down by your fascist police forces.

 

 

 

A Man of Wealth and Taste's picture

As a native son of New England, let me be the first to tell you to go fuck yourself with a broken bottle.

Took Red Pill's picture

"the pact would hand too much power to big multinationals at the expense of consumers and workers"

These trade deals are bad for all citizens of the world. Who really runs the governments?  Big corporations!

CuttingEdge's picture

I was pondering whether this was something imprinted in the DNA going back to the civil war or before. Nothing has really changed - where once were carpetbaggers, you now have Corzines, for the robber barons we have the likes of Blankfein and Dimon. Maybe this would also explain the apparant enjoyment and satisfaction of some <cough> Clinton <cough> at exporting death around the world - a pathological gene that pops up now and then in serial killers and politicians, sometimes both at the same time.

Dark Daze's picture
Dark Daze (not verified) CuttingEdge Aug 30, 2016 11:48 AM

In Canada, we just post a message for them to leave, and they oblige.

nmb's picture
nmb (not verified) Aug 30, 2016 7:56 AM

Good news.

Catullus's picture

Allies?  What war? That was 70 years ago. Now you're a protectorate state, not an ally.

Archive_file's picture

It's hard lay off 100,000 people when 100,000,000 are already unemployed.

conraddobler's picture

Who knew that failure is one of the best features programed into humans?

God is really smart.

messystateofaffairs's picture

God designed it with free will and consequences that always turn up sooner or later, sometimes even much later by human time horizons.

conraddobler's picture

That's the part that scares me.

What we are looking at is a bubble in pent up consequences.  What the imps and legions of doom are doing is playing hide the consequences under a carpet.

Well the bulge is going to soon be big enough to wipe out every living thing on earth if the boil is not lanced soon.

The system is self correcting but see what we have here is a whole lot of sychophantic ass lickers who just love to play hide the sausage with consequences.

They all think consequences are for little folk.

However consequences are the ultimate equal opportunity agent ever designed by God.

They will get where they were going, now, or later, one at a time, or all at once.

It's that obvious all at once part that makes a person shudder and want to hide.

ronaldwilsonreagan's picture

The coming Trump landslide will be declared a Russian hacking event. The election will be nullified and Hillary will be given the presidency. The french bombing will continue until they change their minds about ttip.

pazmaker's picture

Yep they are going to use Trumps own words against him.   The elections are rigged.  Ic an see the headlines now.   Elections were rigged..Donald Trump was right!...but in his favor.

 

They are already building the idea of this into the minds of dumb america   see this:  https://www.wired.com/2016/08/hack-brief-fbi-warns-election-sites-got-ha...

 

The russian boogie man and the set up to say elections were hacked if Trump wins.

Redheart's picture

Good because this included money to re-train U.S. workers that lost their jobs due to the treaty.    Thank you France!

Bill of Rights's picture

Good now Arizona do your job and get rid of John McCain...

Pure Evil's picture

There's no way they'll be able to get rid of that fart dust of an old fossile.

When he dies they'll inject him with same juice they used to preserve Lenin, Stalin, Mao, and Marcos.

Then they'll prop him up in the US Senate and he'll always vote present.

niemand's picture

just wonder if FR3S goes stellar, when france gets soros´ed..

nightwish's picture

You don't sense it from the MSM who paint poop pink at every turn, but people are wising up to the western hegemony and saying 'fuck you guys'. Brexit, and elsewhere, theres good evidence that the masses are increasingly aware.

Pure Evil's picture

Yeah, sorta like a virus is aware. The masses are good at replicating and consuming, not much more.

silverer's picture

through the years, the US has always had an interesting relationship with France. I've seen the good and bad side. So now we have this. Well, the French, this time by chance or choice, did something good for the US. Now save yourselves!

roxyNL's picture

Good ridance,

We don't want US junk food engineered in monsanto laboratories !

The US is the least sustanable country on earth, they pursue of materialism and individualism will soon destroy the land they savagely took from the amerindians.

espirit's picture

The looters still outnumber the producers, everywhere.

Not sure this is going to change much.

messystateofaffairs's picture

But Frenchie, you succumb willingly to Brussels demands (via Israel of course), why not America's demands. Don't be like that, c'mon don that little black and white mini skirt French maid uniform, Amerika wants a slap around bitch too.(and Israel likes to watch).

de3de8's picture

Sounds eerily like nobamacare, MSM made it sound like it was DOA, then magically law. Nobama will do what it takes to get passed including "giving" them what they want at USA's detriment.

saldulilem's picture

you have to pass it to know what you ate

espirit's picture

Consumption tax?

I shoulda been a poliTITion.

purplelama's picture

TPP and TTIP, selling out the people world wide in favor of corporate interests.

espirit's picture

Toilet paper and just the tip.

Go Merica!

Pure Evil's picture

Look, we just want to wet our beak.

 

Everybody acts like it's the American's fault when even America is controlled by multinational corporations, Globalists, who no longer believe in nation states or borders.

These globalist corporations are the one's lobbying congress and are manipulating O'stupidasses strings.

The average American was sold down the river with NAFTA and TPP will finish what's left of the Middle Class in America.

 

So, don't blame us although we do keep electing the same political whores to D.C. that continue to sell us out to globalist interests.

Last of the Middle Class's picture

I'll bet 95% of the French people couldn't even name one condition in the TTIP that supposedly collapsed talks. Or give a shit for that matter. Globalist headlines attempting to form an opinion. Nothing more.

spanish inquisition's picture

The French breaking point was that they could be sued for not allowing American white bread into the country.

SharkBit's picture

So true.  Once you try French baguette, you never go back.

messystateofaffairs's picture

They should be ok with it, they have already been acclimatized to glyphosate and they have somewhat upgraded McDonalds. Working on teaching them to supersize lower quality food, they'll learn.

Infield_Fly's picture
Infield_Fly (not verified) Aug 30, 2016 8:06 AM

Trade deals should be done with individual countries, not lumped into one "convenient to the marxists" blob.

SharkBit's picture

Finally the plebes arise.  Appears that the Europeans are a bit more saavy with their politics than the yanks.  Better wake up America before it is too late.  Barry, with his Establishment buddies, will not be pleased.  Tough shit.

SubjectivObject's picture

It is their job to push for TTIP.

They get paid to work on this.

Nobody should be under any illusion  that they will stop and go away

unless forcibly removed.

WojtekSz's picture

the easy question is:
how the 100billion in profits YEARLY from TTIP compares to 80billion printed MONTHLY he FED during the last QE round?

Atomizer's picture

As much as I hate your European Union.... Thank you, it's the nigger in the White House. Not the American people. Remember this. Global division only is pivoted on TV. We don't by into it. Don't think twice, go after the real terrorist in Washington DC. 

America wants change. We speak from our hearts. Go after the gangsters running the show. We can give you Washington DC map. 

Don't target the American public. Accually, most have no clue.