The potential benefits of a US-EU free trade deal for both sides may be much smaller than we have been led to believe.
On Monday the latest round of talks on the EU-US free trade agreement got underway. Gabriel Siles-Brügge and Ferdi De Ville challenge the proclaimed benefits of this much-vaunted deal. Rather than represent ‘the cheapest stimulus package you can imagine’, they argue the deal is a distraction that is unlikely to significantly boost growth. ‘This is the cheapest stimulus package you can imagine.’ […]