{"id":6730,"date":"2013-02-15T15:00:32","date_gmt":"2013-02-15T20:00:32","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6730"},"modified":"2013-02-15T15:00:32","modified_gmt":"2013-02-15T20:00:32","slug":"u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/","title":{"rendered":"U.S.-EU Trade Deal: Obama Makes Risky Bet on Europe\u2019s Future &#124; Fiscal Times"},"content":{"rendered":"<p>David Francis writes: <\/p>\n<blockquote style=\"background-color:#ddddff;\"><p>The U.S. and European Union together already account for nearly half of global GDP and a third of global trade flows, with some $2.7 billion worth of goods and services exchanged daily. [A trade agreement] &#8230;..would increase trade between the partners by $120 billion within five years, according to a study by the U.S. Chamber of Commerce. At the same time, it would add some $180 billion to U.S.-EU gross domestic product. Estimates put forth by the European Commission suggest a new trade pact could increase annual GDP by 0.5 percent in the EU and 0.4 percent in the U.S. by 2027.<\/p><\/blockquote>\n<p>Read more at <a href=\"http:\/\/www.thefiscaltimes.com\/Articles\/2013\/02\/15\/US-EU-Trade-Deal-Obamas-Ambitious-Gamble.aspx#page1\">U.S.-EU Trade Deal: Obama Makes Risky Bet on Europe\u2019s Future | Fiscal Times<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Francis writes: The U.S. and European Union together already account for nearly half of global GDP and a third of global trade flows, with some $2.7 billion worth of goods and services exchanged daily. [A trade agreement] &#8230;..would increase trade between the partners by $120 billion within five years, according to a study by &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S.-EU Trade Deal: Obama Makes Risky Bet on Europe\u2019s Future &#124; Fiscal Times&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,33,34],"tags":[3449],"class_list":["post-6730","post","type-post","status-publish","format-standard","hentry","category-economy","category-uk-europe-countries-regions","category-us-canada-countries-regions","tag-trade-deal"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S.-EU Trade Deal: Obama Makes Risky Bet on Europe\u2019s Future &#124; Fiscal Times - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S.-EU Trade Deal: Obama Makes Risky Bet on Europe\u2019s Future &#124; Fiscal Times - the patient investor\" \/>\n<meta property=\"og:description\" content=\"David Francis writes: The U.S. and European Union together already account for nearly half of global GDP and a third of global trade flows, with some $2.7 billion worth of goods and services exchanged daily. [A trade agreement] &#8230;..would increase trade between the partners by $120 billion within five years, according to a study by &hellip; Continue reading &quot;U.S.-EU Trade Deal: Obama Makes Risky Bet on Europe\u2019s Future &#124; Fiscal Times&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-02-15T20:00:32+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"U.S.-EU Trade Deal: Obama Makes Risky Bet on Europe\u2019s Future &#124; Fiscal Times\",\"datePublished\":\"2013-02-15T20:00:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/\"},\"wordCount\":137,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"trade deal\"],\"articleSection\":[\"Economy\",\"UK &amp; Europe\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/\",\"name\":\"U.S.-EU Trade Deal: Obama Makes Risky Bet on Europe\u2019s Future &#124; Fiscal Times - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2013-02-15T20:00:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/02\/15\/u-s-eu-trade-deal-obama-makes-risky-bet-on-europes-future\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"U.S.-EU Trade Deal: Obama Makes Risky Bet on Europe\u2019s Future &#124; Fiscal Times\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. 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Rising hours worked point to further gains in the new year. 10-Year Treasury yields rallied slightly but only breakout above 2.80% would hint at a reversal in the down-trend, while breach of 2.60% would warn of further weakness. 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On Friday, the central\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4522,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/31\/economonitor-u-s-china-trade-war-in-the-offing\/","url_meta":{"origin":6730,"position":2},"title":"EconoMonitor \u00bb U.S.-China Trade War in the Offing?","author":"Colin Twiggs","date":"May 31, 2012","format":false,"excerpt":"China wants to develop what it sees as key industries by giving Chinese companies a leg up in both the Chinese and global market. Its trading partners don\u2019t want to see their firms placed at a disadvantage, and in several cases have challenged Chinese policies. China is challenging them right\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2596,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/11\/camerons-rejection-of-eu-summit-isolates-britain\/","url_meta":{"origin":6730,"position":3},"title":"Cameron&#8217;s Rejection of EU Summit Isolates Britain","author":"ColinTwiggs","date":"December 11, 2011","format":false,"excerpt":"\"There is now little point in Britain staying in the EU,\" said MacShane, who was a minister in Tony Blair's generally pro-Europe Labour Party government. \"It is an historic turning point and Britain might as well get out now, as Europe's future will be settled without us.\" .......The economic impact\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12207,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/08\/19\/currency-manipulation-and-its-distortion-of-free-trade-a-b-laffer\/","url_meta":{"origin":6730,"position":4},"title":"Currency Manipulation and its Distortion of Free Trade | A B Laffer","author":"ColinTwiggs","date":"August 19, 2015","format":false,"excerpt":"Extract from Arthur B. Laffer's paper on currency manipulation: ....Successful currency manipulation inhibits the exchange rate from acting as an automatic stabilizer to macroeconomic events, and thereby leads to growth and trade imbalances. Currency manipulation has therefore, in part, inhibited the world from fully recovering from the financial crisis. For\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"GDP growth rates","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-08-19-worldgdp.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-08-19-worldgdp.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2015\/2015-08-19-worldgdp.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":19572,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/14\/trade-deal-announced\/","url_meta":{"origin":6730,"position":5},"title":"Trade deal announced","author":"Colin Twiggs","date":"December 14, 2019","format":false,"excerpt":"Donald Trumps latest tweets on a trade deal with China: As Trish Nguyen predicted, Trump was never going to introduce the Dec15 tariffs as they directly impact on US consumers, not producers as in earlier rounds of tariffs. Prof Aaron Friedberg (Princeton) gives an interesting summary of the impact this\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6730"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6730\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}