EU-US Free Trade

From the BBC:
"EU and US free-trade talks launched"

The European Union and the US will begin formal talks on a free-trade agreement, paving the way for the biggest trade deal in history.  European Commission President Jose Manuel Barroso made the announcement following President Barack Obama's State of the Union address. The US said that "everything is on the table" in the talks.  A deal would bring down trading barriers between the two biggest economies in the world.  EU-US trade is worth around 455bn euros (£393bn; $613bn) a year.

"A future deal between the world's two most important economic powers will be a game-changer, giving a strong boost to our economies on both sides of the Atlantic," said Mr Barroso, speaking in Brussels.

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^ I don't know if this will ever come into force, but if it does I don't think it will have a major impact on the ordinary lives of most Americans or Europeans. People said that when NAFTA between the US, Canada and Mexico came into force it would bring about a lot of great changes and here we are decades later with almost no real impact. It may seem great to make a free trade deal with the EU on paper, but maybe we should wait and see if the Euro forces the EU to collapse in the near-future first. ^

http://www.bbc.co.uk/news/business-21439945