Few people can access the so-called „consolidated texts“, the drafts containing the latest results of the negotiations. He further argues that while the forecasts are less ambitious, the economic benefits per household are not impressive: „If we apply the projected 0.21% increase in income to the projected average personal income in 2027, it will be just over US$50 per year. That`s just under 15 cents a day. Don`t go all to the same place.  The twenty-seven governments of the Member States of the European Union must unanimously approve the partnership, in accordance with Articles 207 and 218 of the Treaty on the Functioning of the European Union, on the agreement negotiated within the Council of the European Union, and the European Parliament is invited to approve it. The European Parliament has the power to approve or reject the agreement. In the event that the Council of the European Union, on a proposal from the European Commission, qualifies the TTIP as a „mixed agreement“, the agreement of all the parliaments of the EU Member States is required according to individual constitutional procedures before the agreement can enter into force. In the United States, both houses of Congress must pass the agreement before it can be ratified.  Trade deals between the US and the EU are considered distant even if Biden occupies the White House in 2021, given the „Made in America“ board and Biden`s long-term affinities with the unions, he is unlikely to unilaterally reduce tariffs on steel and aluminum, said Peter Allgeier, chairman of consulting firm Nauset Global and a former U.S. sales representative in the Obama administration. Rather, Biden is looking for ways to do so with the Europeans as part of mutual problem solving, he said.
Former British Prime Minister David Cameron said critics of free trade should not use the National Health Service (NHS) to get people`s attention and talk honestly about trade deals. The UK Department for the Economy, Innovation and Skills has said TTIP provides adequate protection for the UK NHS.  If Biden were to enter the White House, he would inherit four major obstacles to restoring trade relations with the EU: the metal tariffs imposed by President Donald Trump two years ago, the digital taxes introduced throughout Europe, which could represent millions of revenue losses for American technology companies, the long-standing dispute between Boeing Co.et Airbus SE and the carbon limit tax being examined by the European Commission. . . .