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Expert Analysis

The Race For Riches In US-EU Trade Begins

Law360, New York (April 18, 2013, 5:09 PM EDT) -- The European Union and United States comprise 40 percent of global economic output, and the trade relationship between them is the largest in the world. Tariffs between the two partners are already low (only 4 percent on average) and the long-lived peaceful commerce across the Atlantic has held on through boom and bust. So if trade agreements aim to free up the flow of trade between regions and increase economic activity and wealth on both sides, what policy change could promise potential gains of nearly $200 billion shared between the two economies?...

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