Transatlantic Free Trade Zone by 2015

European officials have broadly welcomed President Obama’s endorsement of a transatlantic free trade zone in his State of the Union speech.
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Transatlantic Free Trade Zone by 2015
President Barack Obama, flanked by Vice President Joe Biden and House Speaker John Boehner of Ohio, during his State of the Union address in Washington, Feb. 12. Obama proposed beginning negotiations on a transatlantic free trade zone. Charles Dharapak/AFP/Getty Images
Valentin Schmid
Updated:
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President Obama got the ball rolling in his State of the Union address Feb. 12. He proposed to start negotiations about a transatlantic free trade zone. European officials responded favorably to the initiative, which could boost the U.S. and European economies.

Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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