U.S. to gain more than EU in trade deal

A new transatlantic trade deal will benefit the U.S. more than the EU, reports Financial Times.

“Economists at the Munich-based Ifo institute, a German economic think-tank, found that a trade deal would lead to a 13.4% increase in U.S. income per head in real terms over the ‘long term’ but only an average 5% rise among the EU’s 27 member states,” finds FT.

Read more here.

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