Transatlantic free trade?
A free-trade agreement with the US is economically and geopolitically crucial to the EU.
The United States National Intelligence Council recently released a sobering report entitled “Global trends 2030: alternative worlds”. Most important, according to the authors, if current trends continue, Asia could soon surpass north America and Europe in global power. It will have a higher GDP, larger population, higher military spending, and more technological investment. In this geopolitical context, Europe and the US need each other more than ever, making greater transatlantic co-operation crucial.