BBC News - US and EU 'make progress' in free trade area talks - 2 views
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US and EU 'make progress' in free trade area talks
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Officials from the United States and the European Union say they have made progress as they seek to sweep away trade barriers.
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If successful an agreement would create the world's biggest free trade zone.
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Talks are taking place between the EU and the USA to create the worlds biggest free trade area. In many goods the US is seen to have an absolute advantage in producing many goods but they also rely on European countries to provide many components to US businesses. This trade deal, although opposed by Unions and other activitists is seen by many to be vastly beneficial to the two parties.