Friday, June 28, 2013

Free-Trade Cars: Why a U.S.–Europe Free-Trade Agreement Is a Good Idea

Free-Trade Cars: Why a U.S.–Europe Free-Trade Agreement Is a Good Idea

Without launching into a Ben Stein–like dissertation on economics, we find it important to note that President Obama's March announcement of the proposed Transatlantic Trade and Investment Partnership (TTIP) is hugely important to the car industry and to car enthusiasts. The Partnership's aims include abolishing tariffs on imported cars, as well as finally aligning U.S. and European automotive safety and environmental standards. If adopted, the agreement could result in increased manufacturing here by European brands and American dealers stocking a broader product lineup. It may even bring back brands that have been exiled from these shores for decades. READ MORE ››



from Car and Driver Blog http://blog.caranddriver.com




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