February 14, 2013

The Strange Politics of U.S.-EU Free Trade

Danzman & Winecoff, The National Interest

AP Photo

President Obama’s announcement that the United States and the European Union will begin negotiating a bilateral agreement on trade and investment this year is significant. For all the growing importance of China and other emerging markets, the U.S. and EU are still the world’s two largest economies, encompassing half of global economic activity. Transatlantic trade is roughly $700 billion per year, and U.S.-EU investment surpasses investment in and from Asia.

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TAGGED: United States, European Union, Free Trade

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