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250,000 people protest against TTIP in Berlin

• mtgx 11y ago
  > The European commission reckons that the TTIP could boost the size of the EU economy by €120bn (£85bn) – equal to 0.5% of GDP – and the US economy by €95bn, or 0.4% of GDP, while the UK could be £10bn better off. According to this article, that 0.5% increase in GDP is actually a cumulative gain over a 10 years period. That's the "big result" from this "free trade" agreement. It almost seems like a rounding error. By 2027, a 0.5% GDP increase could come from anywhere. https://www.techdirt.com/articles/20140625/04305727679/why-taftattip-isnt-worth-it-economically-how-we-can-do-much-better.shtml https://www.techdirt.com/articles/20140625/04305727679/why-t... I think this just shows that whatever tariffs are left between the EU and the US, they are not a large impediment in the EU-US economy. The deal is more about increasing IP protection, killing generics, both for pharma and seeds, and other stuff like that - generally about protecting corporations against local laws and small competitors.