Keyword: free trade agreement

Why France is backtracking on free trade deal with US

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The French government was initially enthusiastic about the free trade agreement being negotiated between the European Union and the United States. However in recent months Paris, and in particular overseas trade minister Matthias Fekl, has taken a tougher line on the so-called TAFTA deal. Talks on the agreement resume in New York on Monday April 25th, while the day before President Barack Obama will raise the issue with German chancellor Angela Merkel in Berlin. But as Ludovic Lamant reports, the chances of a deal being struck before the end of Obama's term of office look increasingly remote.