WASHINGTON — U.S.Trade Representative Michael Froman said Friday the transatlantic trade talks between the U.S. and European Union are “back on track” after the U.S. government shutdown stalled the negotiations and a widening imbroglio over reported U.S. spying on European political leaders raised questions about the deal’s prospects.
Froman, who spoke on a panel at the second day of a business investment summit here, addressed the fallout from the U.S. National Security Agency’s alleged surveillance of some of its European allies, which prompted some European officials to call for the Trans-Atlantic Trade and Investment Partnership, or T-TIP, negotiations to be suspended. RELATED STORY: Obama Details Economic Fallout, Agenda >>
Asked whether the reported spying could hurt the trade agreement’s prospects, Froman said the U.S. takes the situation seriously but believes the issues arising from it should be handled on a separate track from that of the trade negotiations.
“I think you’ve heard from a number of European officials that they see the logic of moving ahead with T-TIP,” Froman said. “It is very important to their growth strategy and to their strategy to try to maintain competitiveness in the global economy. So we’re hopeful that we are going to be able to continue to make progress on that.”
Froman said a team of U.S. trade negotiators is currently in Brussels to pick up where they left off when the second round of the T-TIP trade talks was canceled due to the 16-day U.S. government shut down in October, stemming from a Congressional impasse on the budget and debt ceiling.
“There are negotiations that had to be canceled during the shutdown of the government unfortunately, but are now back on track and we expect to continue those discussions in the coming weeks,” Froman said.
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)
@heriethpaul and @gracebol have a moment on the @victoriassecret fashion show 2017. See every look from the runway on WWD.com. Link in bio. (📷: @giovanni_giannoni_photo) #wwdfashion #victoriassecret #VSFashionShow
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia