The US is Europe’s most important trading and investment partner. Almost two thirds of foreign direct investment in the EU comes from the US. Foreign direct investment in both directions currently stands at around €1.5 trillion. Trade relations, worth up to a billion euros a day, are extremely smooth. The transatlantic economy secures 14 million jobs on the two sides of the Atlantic. The EU and the USA together account for roughly 57% of world GDP and can thus be considered the twin engine of the world economy.
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