Transatlantic Trade and Investment Partnership

Also known as TTIP

free trade agreement between the European Union (EU) and the United States of America (USA)

Key facts

Type: Trade agreement
Signed: No
Sealed: Obsolete

via Wikipedia infobox

Wikidata facts

Official name: Transatlantic Trade and Investment Partnership
Official website: ec.europa.eu/trade/policy/in-focus/ttip

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short name: TTIP
Commons category: Transatlantic Trade and Investment Partnership
inception: 2015-00-00

Sources (5)

unesdoc.unesco.org

~40 min read

Article

The Transatlantic Trade and Investment Partnership (TTIP) was a proposed trade agreement between the European Union (EU) and the United States, with the aim of promoting trade and multilateral economic growth. According to Karel De Gucht, European Commissioner for Trade between 2010 and 2014, the TTIP would have been the largest bilateral trade initiative ever negotiated, not only because it would have involved the two largest economic areas in the world but also "because of its potential global reach in setting an example for future partners and agreements".

Negotiations were halted by United States president Donald Trump, who then initiated a trade conflict with the EU. Trump and the EU declared a truce of sorts in July 2018, resuming talks that appeared similar to TTIP. On 15 April 2019, the negotiations were declared "obsolete and no longer relevant" by the European Commission. It was superseded in 2025 by negotiations for an Agreement on Reciprocal, Fair, and Balanced Trade.