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Transatlantic Trade and Investment Partnership (TTIP)

Transatlantic Trade and Investment Partnership (TTIP) – Negotiations between the U.S. and the EU on a comprehensive free trade agreement were launched in July 2013. Access for U.S. beef, pork and lamb exports today is limited by restrictive tariffs and quotas and a range of non-tariff barriers, including the hormone ban and the EU’s ban on the use of beta agonists. To produce commercially meaningful access for U.S. red meat exports, the TTIP negotiations will need to address all of these restrictions.

The White House recently acknowledged that TTIP negotiations may not be concluded by the end of President Obama’s term, but negotiators have reiterated that it is still their goal to complete the agreement by the end of this year. The latest round of TTIP negotiations was held April 25-29 in New York. For more information, please visit www.ustr.gov/ttip.

UPDATE: On June 14, the House Ways and Means Committee’s Subcommittee on Trade conducted a hearing on expansion of U.S. agricultural exports and elimination of trade barriers. Much of the hearing focused on the importance of making greater progress on agricultural trade issues in the TTIP negotiations. Read more about the hearing online.

UPDATE: The 15th round of TTIP negotiations was held Oct. 3-7 in New York. Unfortunately the two sides reportedly made little progress on agricultural trade issues. It is not yet clear how the Trump administration will approach TTIP, or when the two sides will next meet on this topic.