Is the introduction of a free-trade zone between the USA and the EU useful?
The Transatlantic Free Trade Agreement, Engl. Trans-Atlantic Free Trade Agreement (TAFTA) has been discussed at the economic journalistic level since the beginning of the 1990s. After President Obama announced the opening of concrete exploratory talks in his state-of-the-union speech in February 2013, the term "Transatlantic Trade and Investment Partnership" appears as the term for the agreement , From Engl. Transatlantic Trade and Investment Partnership (TTIP). In order to create a balance with the economically aspiring Asian region and to stimulate the current low growth of their domestic markets, the EU's top representatives are now in agreement, and on 8 July in Washington, DC, Free trade agreement. In concrete terms, this means an economic harmonization between the EU and the USA. The Heads of State and Government reached an appropriate decision on 17 June 2013 on the sidelines of the G8 summit in Northern Ireland, Lough Erne.