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Sun Nov 25, 2012, 09:51 PM

Trade Deal Between U.S. and Europe May Come to the Forefront

This discussion thread was locked as off-topic by muriel_volestrangler (a host of the Latest Breaking News forum).

Source: NY Times

By JACK EWING

FRANKFURT — A free-trade agreement between the United States and Europe, elusive for more than a decade but with a potentially huge economic effect, is gaining momentum and may finally be attainable, business and political leaders say.

Arduous negotiations still lie ahead, but if technical hurdles can be overcome, supporters of a pact argue, it could rival the North American Free Trade Agreement in scale and be a cheap way to encourage growth between the European Union and the United States, which are already each other’s biggest overseas trading partners.

“There is now, for the first time in years, a serious drive towards an E.U.-U.S. free-trade agreement,” Karel De Gucht, the European trade commissioner, said in Dublin earlier this month.

Within days, if not hours, of President Barack Obama’s re-election, numerous European leaders, including Angela Merkel, the German chancellor, and David Cameron, the British prime minister, were urging Mr. Obama to push for a free-trade agreement. The Europeans hope that eliminating frictions in U.S.-E.U. trade would provide some badly needed economic growth.

FULL story at link.



Read more: http://www.nytimes.com/2012/11/26/business/global/trade-deal-between-us-europe-may-pick-up-steam.html?partner=EXCITE&ei=5043




Laurent Dubrule/Reuters

Karel De Gucht, the European trade commissioner, said that debate on a Nafta-like pact was coming to the forefront again.

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Reply Trade Deal Between U.S. and Europe May Come to the Forefront (Original post)
Omaha Steve Nov 2012 OP
FarCenter Nov 2012 #1
SoapBox Nov 2012 #2
pampango Nov 2012 #8
FarCenter Nov 2012 #9
AnotherMcIntosh Nov 2012 #3
blkmusclmachine Nov 2012 #4
Populist_Prole Nov 2012 #5
dotymed Nov 2012 #6
pampango Nov 2012 #7
muriel_volestrangler Nov 2012 #10

Response to Omaha Steve (Original post)

Sun Nov 25, 2012, 10:08 PM

1. Tying two bricks together won't make them float. nt

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Response to FarCenter (Reply #1)

Sun Nov 25, 2012, 10:23 PM

2. You said a mouth full!

I think I've tired of "free trade".

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Response to FarCenter (Reply #1)

Mon Nov 26, 2012, 01:27 PM

8. Fox News and Rush may profess that Europe (and its 'socialism') is a 'brick' but it is not.

Europeans will work out their problems together as they have since WWII and continue to have the fairest distribution of income and wealth in the world.

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Response to pampango (Reply #8)

Mon Nov 26, 2012, 02:07 PM

9. Europe is highly unstable because Med countries are tied to Baltic countries

The Euro was created just before the collapse of the USSR. As a result it ties Germany, Austris, Denmark, The Netherlands, Finland , etc., together with Spain, Portugal, Italy, and Greece, etc. This is because of the Cold War Iron Curtain divide of Europe.

However, the countries of northern Europe and eastern Europe make a much more coherent block.

The only way to make Europe stable is to separate trans-Alpine and cis-Alpine Europe and then associate the north with the East.

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Response to Omaha Steve (Original post)

Sun Nov 25, 2012, 10:28 PM

3. If another let's-send-even-more-jobs-to-foreign-countries "free-trade" agreement is going to

 

help what is left of the American middle-class, let's all start celebrating now.

Albert Einstein defined insanity as
"doing the same thing over and over again and expecting different results."
http://www.brainyquote.com/quotes/authors/a/albert_einstein.html

He also said
"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former."
http://www.quotationspage.com/quote/9.html

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Response to Omaha Steve (Original post)

Mon Nov 26, 2012, 12:51 AM

4. FORWARD! Into oblivion.

One World Government.

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Response to Omaha Steve (Original post)

Mon Nov 26, 2012, 01:46 AM

5. "We lose on every transaction, but we make up for it in volume"

Seems to be the way of the US mentality of trading with mercantilists.

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Response to Omaha Steve (Original post)

Mon Nov 26, 2012, 12:59 PM

6. Where are the FAIR TRADE agreements?

Free trade- destroying America, one worker at a time.

With our medical costs-vs- their socialized medicine costs (with much healthier outcomes) we won't even be able to compete with their mostly Unionized workforce. Our owners demand too much profit.

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Response to Omaha Steve (Original post)

Mon Nov 26, 2012, 01:20 PM

7. Keep those unionized, well-paid Europeans and their health care away from me.

I can't compete with that and wouldn't want any of their 'socialism' to catch on here with the increasing linkages between our society.

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Response to Omaha Steve (Original post)

Mon Nov 26, 2012, 02:12 PM

10. Locking - not Latest Breaking News

We can't find any event in this which has happened to make this 'news', rather than analysis which could have been written at any time on the past couple of weeks. It's mostly speculation as to what might happen in the next few months, after the election of Obama. It would go well in GD, Good Reads, or perhaps Politics 2012.

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