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Sovereignty fears lead to EU-US trade rethink

The Independent - The European Commission is to rethink its approach to a controversial US trade deal which campaign groups have warned would fundamentally erode Britain’s sovereignty. 

Under the deal being negotiated by US and EU officials, multinational firms would be given wide-ranging powers to sue EU governments that adopt policies deemed to “discriminate” against free trade.

Groups including Greenpeace and the TUC have warned that the treaty’s provisions will have far-reaching consequences – limiting the UK’s freedom to tackle climate change, protect consumers or even guarantee a publicly run NHS.

In Australia, a similar trade deal with Hong Kong has resulted in the Government being sued by Philip Morris for introducing plain cigarette packaging.