The National Milk Producers Federation is accusing the European Union of cutting deals with South Korea to keep out U.S. goods with geographical names like those the E.U. uses on cheese. Federation’s Chris Galen says both the U.S. and the E.U. have free trade deals with South Korea. He says it’s too late to clear up the G-I problem in the South Korean FTA but in talks over the TTIP with the E.U., America’s negotiators must hold firm.
Galen says the G-I problem will only get worse if it’s not addressed right away and will result in a significant trade barrier.
Galen says while the South Korean FTA is an important agreement there’s much more at stake with the Trans Atlantic Trade and Investment Partnership Act between the United States and European Union.