Why the TPP and TTIP Trade Deals May Now Be Dead in the Water

German Vice Chancellor Sigmar Gabriel (pictured here) says negotiations over the TTIP “have de facto failed. (Photo: Christliches Medienmagazin Pro)German Vice Chancellor Sigmar Gabriel (pictured here) says negotiations over the TTIP “have de facto failed. (Photo: Christliches Medienmagazin Pro; Edited: LW / TO)

The Trans-Atlantic Trade and Investment Partnership (TTIP) is dead, at least according to Angela Merkel’s second-in-command. And the Trans-Pacific Partnership (TPP) may not be far behind.

German Vice Chancellor Sigmar Gabriel said Sunday that “negotiations with the United States have de facto failed, even though nobody is really admitting it.” According to Gabriel, who also serves as his country’s economy minister, negotiators from the European Union and United States have failed — despite 14 rounds of talks — to align on any item out of 27 chapters being discussed. Gabriel and his ministry are not directly involved in the negotiations.

EU officials were quick to downplay Sigmar’s statement, saying they hoped to “close this deal by the end of the year.” But Gabriel isn’t the first to cry foul on the TTIP, which, if enacted, would establish the world’s largest free trade zone between the United States and the EU’s 28 member states. In May, French negotiators threatened to block the agreement. U.S. negotiators have also reportedly been angry over the passage of a similar agreement between Canada and the EU, which included protections U.S. negotiators don’t want included in the TTIP.

Sunday’s TTIP news comes on the heels of Senate Majority Leader Mitch McConnell (R-Ky.) saying that the Senate would not vote on the TPP in the upcoming lame-duck session of Congress. (The Obama administration countered, saying it still hopes to pass the deal before the next president takes office.)

Both trade announcements follow years of protests on each side of the Atlantic to fight the TTIP and the TPP, especially from unions and environmental groups.

“The fact that TTIP has failed is testament to the hundreds of thousands of people who took to the streets to protest against it, the three million people who signed a…

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