♤ Agreements like TPP focus on reducing tariffs on industrial goods to zero, and liberalising financial services and investments;

o Transatlantic Trade and Investment Partnership (TTIP) (In 2013, EU and US entered these negotiations). European NGOs are against the TTIP because it may undermine social and environmental standards and consumer protection, all of which are much more effectively developed in the EU. The most controversial part of the agreement relates to investment protection. If TTIP is adopted, Mexico's textile industry, will suffer.