Must-Read: Caroline Freund and Sarah Oliver: Gains from Harmonizing US and EU Auto Regulations under the Transatlantic Trade and Investment Partnership: "The removal of regulatory differences in autos... estimated to increase trade by 20 percent or more. The effect on trade from harmonizing standards is only slightly smaller than the effect of EU accession on auto trade. The large economic gains from regulatory harmonization imply that TTIP has the potential to improve productivity while lowering prices and enhancing variety for consumers.