By Karl Mathiesen. theguardian.com, Friday 14 March 2014 12.32 GMT
What free trade advocates say: The US says the deal would “significantly reduce the cost of differences in regulations and standards by promoting greater compatibility, transparency, and cooperation, while maintaining our high levels of health, safety, and environmental protection”.
In the UK, all three major parties are backing the proposal. John Healey, Labour MP on cross-party committee for trade told parliament last month: “The size of our combined economies and the scale of the potential deal mean that [TTIP] could set standards for future agreements with other countries on consumer safeguards, workers’ rights, environmental protection, trade rules and legal process.”
Coalition government minister Ken Clarke said today:
“We are negotiating on the basis that the deal should...