Plenty of obstacles stand in the way of the planned transatlantic free-trade zone between the US and the EU.
Since helping shape the General Agreement on Trade and Tariffs (GATT) in 1948, the World Trade Organization’s forerunner, the US has been at the forefront of trade liberalization. That era appears to be ending.
The EU and Japan have signed an unprecedented free trade agreement which will create one of the world's largest trading blocs. European Council President Donald Tusk says it is a "clear message" against protectionism.
European member states have given the go-ahead for a free trade deal with Japan, the world's third-largest economy. Brussels said the agreement was sending "a very powerful signal against protectionism."
Twenty-two of the EU's 28 states have eliminated border controls, enabling free-flowing trade. Now, due to the pressures of illegal migration, border checks may be reintroduced. What are the real costs?
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