Subscribe free to our newsletters via your
. Military Space News .




TRADE WARS
Americans, Germans clash on US-EU trade standards
by Staff Writers
Washington (AFP) April 09, 2014


Americans and Germans are broadly supportive of a US-EU free-trade pact under negotiation, but differ over details, especially forging similar goods and services standards, according to a survey released Wednesday.

Common regulatory standards are perhaps the most ambitious objective of the bilateral talks that began last July to create the world's biggest free-trade zone.

The so-called Transatlantic Trade and Investment Partnership (TTIP) would vastly expand the US-EU economic relationship, already the world's largest, through a multipronged approach that includes tariff cuts and improved market access.

But hopes to conclude a deal by the end of 2014 have faded as talks bogged down, particularly over agricultural, food and environmental issues, with the US and EU at odds over regulations to protect people and the environment.

The Pew Research Center, in partnership with the Bertelsmann Foundation, the North American arm of the Germany-based private non-profit foundation , took a look at how residents of the world's largest economy and Europe's main powerhouse view the prospect of the new pact.

In 2013, the US was Germany's fourth biggest export market and source of imports. And Germany was the fifth-largest trading partner of the United States. US-EU trade totaled $649 billion, according to US government data.

The survey found that roughly the same number, 53 percent of Americans, and 55 percent of Germans, think that TTIP will be a "good thing" for their country.

But the respondents diverged over details of what would be the most economically significant regional free-trade agreement in history, especially disagreeing on harmonizing regulatory standards.

While 76 percent of the Americans surveyed supported making American and European standards for products and services similar, only 45 percent of Germans felt that way.

"On a range of consumer issues, Germans simply trust European regulatory norms more than American ones," the Pew report said. Americans, on the other hand, were supportive of US standards but not as strongly.

The longstanding US-EU dispute over the safety of genetically modified organisms used in US crops, including soybeans and corn, and US poultry and meat, stood out clearly in the survey findings.

More than nine in 10 Germans (94 percent) said they trusted EU food-safety standards and only 2.0 percent trusted US regulations, the survey found.

A tepid two in three Americans (67 percent) trusted US food-safety standards and 22 percent of Americans trusted European standards.

Similar lopsided trust was found in auto and environmental safety standards on both sides of the Atlantic.

- Data privacy -

Standards for data privacy, a sensitive issue exacerbated by the revelations of US National Security Agency spying, including listening in on phone calls made by German Chancellor Angela Merkel, stirred widely divergent views.

A large majority -- 85 percent -- of Germans trust European rather than US data privacy standards.

And not quite half of Americans -- 49 percent -- trusted the US standards, while 23 percent did not trust either the US or EU standards or had no opinion.

Another main finding of the surveys was a difference in motivations for backing the deal: China.

Americans were somewhat more in favor of the deal as part of a desire to boost competitiveness with the United States's second-biggest trading partner.

Forty-three percent of Americans said that was the most important reason TTIP is good for their country, compared with 32 percent of Germans.

A strong majority of Germans -- 63 percent -- said that more trade with China would be beneficial to their country, while only 51 percent of Americans held a similar view.

Pew Research noted that the differences in sentiment may reflect the fact that the US trade deficit with China was 36 times greater than Germany's imbalance with China in 2013.

The data was compiled from national telephone surveys in the US and Germany. In the US, 1,002 adults were surveyed from February 27 to March 2. In Germany, 953 were polled on February 25-26.

The margin of sampling error for the survey was 4.2 percentage points.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





TRADE WARS
Japan posts first current account surplus in five months
Tokyo (AFP) April 08, 2014
Japan posted its first current account surplus in five months in February, helped by a narrower trade deficit and higher returns on investment abroad, government data showed Tuesday. Japan logged a surplus of 612.7 billion yen ($5.9 billion) in February, down 5.7 percent from the surplus the year before, but a reversal of a deficit of 1.59 trillion yen in January. The monthly trade defic ... read more


TRADE WARS
US to send two more missile defence ships to Japan: Hagel

Russia's new S-500 system to destroy any target at any altitude

Britain, France give MBDA missile development contract

US gains additional protection against ballistic missiles

TRADE WARS
US, UK parts in North Korea rocket

Britain, France sign anti-ship missile deal

Approval given for Griffin missile launch system

Lockheed Martin's DAGR Missile Scores a Perfect 16 of 16 in Flight Tests for US Army

TRADE WARS
Global Hawk Expands Satellite Communications Capability

Pentagon to organize drones in teams for sharing data, fighting together

'StratoBus' drone-satellite hybrid to provide new level of surveillance

Northrop Grumman, US Navy Complete Initial Flight Testing of the Triton Unmanned Aircraft System

TRADE WARS
Testing Begins on Third AEHF Satellite

USAF Satellite Will Improve Weather Prediction

Harris gets $131 million in orders from unidentifed customers

4 SOPS assumes control of third AEHF satellite

TRADE WARS
DARPA Launches Biological Technologies Office

Ukrainian industry ready to supply military with armored vehicles

Eaton intros power micro-grid system for forward-deployed troops

Rockwell Collins, Avionics Services in manufacturing deal

TRADE WARS
Eighteen countries ratify UN treaty on arms trade

French-Russian tank project on hold due to Ukraine crisis

Japan lifts own blanket arms export ban

Turkey sacks defence official involved in China arms talks

TRADE WARS
Nicaragua leader defends military ties with Russia

Russian forces to quit Ukrainian border after exercises: Lavrov

My fellow citizens

Ukraine blames Russian agents for Kiev carnage

TRADE WARS
Never say never in the nano-world

Nanosheets and nanowires

Fabricating Nanostructures with Silk Could Make Clean Rooms Green Rooms

Scientists watch nanoparticles grow




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.