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The European Union and the USA will soon begin accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth talks on a free trade agreement, accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth the way for the biggest trade deal in history. The two trading accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth currently accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth for around half the world's economic output. European Commission President Jose Manuel Barroso said discussions could start by the end of June. The talks will involve accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth of negotiations on the many accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth points between the two economic accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth. Europe is likely to want greater access to many accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth American industries such as telecommunications and transport. The USA accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth foreign ownership of these. The USA will want more involvement in European agriculture, which may not accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth EU farmers.

EU-US trade is presently accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth around €455 billion / $613 billion a year. Estimates are that a trade deal could boost their accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth GDP by 0.5%. Mr Barroso said: "A future deal between the world's two most important economic powers will be a accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth, giving a strong boost to our economies on both accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth of the Atlantic." He added: "These negotiations will set a accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth…for the development of global trade rules." US President Barack Obama was accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth enthusiastic about a deal, which he spoke about in his State of the Union accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth to the US Congress on Tuesday. He said an accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth would, "boost American exports, accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth American jobs and level the playing accountaddressagreementannualblocsequallyfieldforbidsformalgame-changerkeypavingpleasepowerhousesroundssidesstandardstickingsupportworth in the growing markets of Asia".