The trade deal between the EU and US, known as the Transatlantic Trade and Investment Partnership, is beginning its 15th round of negotiations, but concerns remain over the basic fairness of major international trade deals.
Markus Burgstaller, a partner at law firm Hogan Lovells, tells the Today programme such deals have been “beneficial overall”, but that certain communities have suffered.
“In particular we see low-skilled manufacturing jobs that were lost, which is currently an issue in the US presidential debate.
“They can be protected to some extent but international trade is about openness and a level playing field in international markets. So there is the possibility for some protectionism to be put in place, but overall once you open a level playing field it is difficult to protect certain industries.”
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