Bottom Line: A pending free-market deal between the US and the European Union could open up a massive transatlantic market that could account for 56% of global imports and exports and ostensibly could help Europe out of its economic limbo—but at the cost of some European legislative norms that Brussels isn’t keen to give up. The bigger beneficiary will be the US. Analysis: With this deal, US exports to Europe could increase by up to 20% thanks to a removal of customs duties that come along with a free-trade agreement. By contrast,…
Read more... Reported by OilPrice.com 1 day ago.
Read more... Reported by OilPrice.com 1 day ago.