posted on Feb, 26 2013 @ 09:59 PM
Sec. John Kerry pushed a message of trans-Atlantic free trade in Germany while on his first official visit as Secretary of State. Kerry said a
trade agreement between the US and Europe is a top priority for President Barack Obama's second term in office and would benefit both economies.
"We think this is something that can help lift the economy of Europe, strengthen our economy, create jobs for Americans, for Germans for all
Europeans, and create one of the largest allied markets in the world," he told reporters.
For Both Germany and the US this might be a good thing, i guess the port of Rotterdam will also benefit from this(if its good for Germany) , France is
against it (whats new).
I do think this will benefit prices for the consumers in both EU and US, and those consumers need trust again in these hard times. Trade barriers, any
barriers, don't help the growth in our economies and this might help.
But what are the implications for the Euro-Dollar relation? and for core and periphery regions in both continents?
Like to hear your views!
edit on 26-2-2013 by Foppezao because: (no reason given)