From Philip Blenkinsop, Reuters:  Companies would race to profit from a free trade agreement (FTA) between the European Union and the United States, bringing a near instant boost to both economies, the head of the U.S. Chamber of Commerce said.

"If they made a deal tomorrow, U.S. and European companies are sitting on a boatload of cash and they’d be moving this thing up as fast as they can move," Thomas Donohue, president of the U.S. Chamber of Commerce, said after a EU-U.S. trade conference in Dublin. . . .

Donohue said a deal could deliver benefits more quickly than suggested by the EC report.

"You open a door and say there’s money on the other side, there’s opportunity to expand, to export, to sell their products, to make partnerships … You think they’re going to wait around till 2027? They’ll be through the door before you know it," he said in an interview. . . .

"There are a lot of people sitting around saying, well we have to take our time. We don’t need to take our time. We got millions of people looking for a job," he [Donohue] said.   (photo: Getty)

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