&gt; The European commission reckons that the TTIP could boost the size of the EU economy by €120bn (£85bn) – equal to 0.5% of GDP – and the US economy by €95bn, or 0.4% of GDP, while the UK could be £10bn better off.<p>According to this article, that 0.5% increase in GDP is actually a <i>cumulative gain over a 10 years period</i>. That&#x27;s the &quot;big result&quot; from this &quot;free trade&quot; agreement. It almost seems like a rounding error. By 2027, a 0.5% GDP increase could come from anywhere.<p><a href="https:&#x2F;&#x2F;www.techdirt.com&#x2F;articles&#x2F;20140625&#x2F;04305727679&#x2F;why-taftattip-isnt-worth-it-economically-how-we-can-do-much-better.shtml" rel="nofollow">https:&#x2F;&#x2F;www.techdirt.com&#x2F;articles&#x2F;20140625&#x2F;04305727679&#x2F;why-t...</a><p>I think this just shows that whatever tariffs are left between the EU and the US, they are not a large impediment in the EU-US economy. The deal is more about increasing IP protection, killing generics, both for pharma and seeds, and other stuff like that - generally about protecting corporations against local laws and small competitors.