Freer Trade Between the United States and the European Union?

A Life Dedicated to Family, Academia and Friends: A Festschrift in Memoriam and In Honor of Professor Stephen T. Zamora ___ (James Skelton ed., forthcoming 2020)

Arizona Legal Studies Discussion Paper No. 20-12

19 Pages Posted: 21 Apr 2020

See all articles by David A. Gantz

David A. Gantz

Univ. Of Arizona College of Law; Mexico Center, Baker Institute

Date Written: April 3, 2020

Abstract

The United States and the European Union have been considering a free trade agreement at least since 2015, with the "Transatlantic Trade and Investment Partnership," but the Parties made little progress during the Obama Administration. The idea arose again during the Trump Administration in June 2018 when a G-7 FTA was proposed (apparently without the knowledge that the EU members could not negotiate on their own.) The possibility arose again in 2019, in significant part because of EU concerns over proposed 25% US tariffs on auto parts. Once again, little progress was made in part because the US did not wish to discuss autos and the EU ruled out agriculture. While it seems unlikely that serious negotiations could be resumed before the November 2020 election, the idea of an FTA between two of the world's largest economic powers with their tens of billions of goods and services trade, and investment, and a strong need for greater regulatory coherence, remains a tantalizing prospect despite the many barriers to success.

Keywords: United States, European Union, Free trade agreement, GATT Article XXIV, Steve Zamora

Suggested Citation

Gantz, David A., Freer Trade Between the United States and the European Union? (April 3, 2020). A Life Dedicated to Family, Academia and Friends: A Festschrift in Memoriam and In Honor of Professor Stephen T. Zamora ___ (James Skelton ed., forthcoming 2020); Arizona Legal Studies Discussion Paper No. 20-12. Available at SSRN: https://ssrn.com/abstract=3580921

David A. Gantz (Contact Author)

Univ. Of Arizona College of Law ( email )

P.O. Box 210176
Rogers College of Law
Tucson, AZ 85721-0176
United States
520-490-3004 (Phone)

Mexico Center, Baker Institute ( email )

6100 Main Street, MS-40
Houston, TX 77005
United States
520-490-3004 (Phone)

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