European Employers Urge Obama To Advance U.S.-EU Trade
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The BusinessEurope employers’ federation called on President Barack Obama to advance trade talks with the European Union in his Feb. 12 State of the Union address.
A trade deal between the world’s largest economies would “boost economic growth and help create much-needed employment,” BusinessEurope President Juergen Thumann said in a letter released today in Brussels. He said trans-Atlantic trade ties generate $5 trillion in annual sales and would benefit from a closer alliance as they compete with fast-growing emerging economies.