Open For Trade: U.S. and E.U.

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The United States and European Union aim to start negotiating the Transatlantic Free Trade Pact this year. The two top economies hope the pact will revive their respective economies.

The goal of the agreement is to cut tariffs, lower trade barriers and ease commerce–thereby setting higher standards for the world to follow. 

The alliance should help create jobs, spur economic growth and strengthen the transatlantic economic ties.

Read the entire article:  The Transatlantic Free Trade Agreement:  Open Trade Between the United States and the European Union