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President Obama outlined plan in State of the Union Address
(WASHINGTON) Congressman Richard E. Neal, a senior member of the U.S. House Ways and Means Committee, released the following statement today after President Barack Obama called for trade talks between the United States and the European Union during his State of the Union Address. Neal is also longstanding member of the Ways and Means Subcommittee on Trade.
"Strengthening ties between the United States and the European Union through a transatlantic trade agreement makes good sense. That is why I support President Obama's proposal which he announced during his State of the Union Address last night. A comprehensive trade and investment partnership with the 27 nations that make up European Union will expand the export of U.S. goods and services abroad and create new jobs here at home. Bringing down existing trade barriers, particularly agricultural and chemical, will allow U.S. manufacturers to sell more of their products to the 500 million people who currently live in the European Union. And since the United States and the European Union already have the largest trade and economic relationship in the world, building on that longstanding partnership is wise. With Ireland currently holding the European Union Presidency, I am confident these negotiations will be successful"