EU, U.S. Leaders Launch Free Trade Talks at G8 - Presented by: The Aol. On Network

Trade between Europe and the United States is worth almost $3 billion a day and a pact could boost both the EU and U.S. economies by more than $100 billion a year each - an attractive prospect after the devastating impact of Europe's debt crisis. "This is a once in a generation prize and we are determined to seize it," said British Prime Minister David Cameron, flanked by U.S. President Barack Obama and the presidents of the European Commission and the European Council.



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