US-EU Pact Could Redefine Global Trade Standards

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US-EU Pact Could Redefine Global Trade Standards


Category: Government

Trade has been a top-of-mind issue lately, with Vice President Joe Biden traveling to India to urge greater economic cooperation, and House and Senate hearings being held to explore the great potential of increased trade.

Because the nature of world trade is changing, our leaders must look to unlock new foreign markets for American exports. While the Trans-Pacific Partnership is currently being negotiated with strategically important Asia-Pacific nations, we can’t forget about the European Union, with whom we already share the world’s largest trading relationship.

Source: The Hill

Published: February 28, 2024