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The Boston Globe

Business

US, European Union restart talks on trade

Negotiators seek to ease tariffs, regulatory walls

BRUSSELS — The United States and the European Union sought Monday to get past a rough patch in diplomatic relations and resume talks on a free trade deal that would expand what is already the world’s biggest business relationship.

Negotiators for the Obama administration and Europe say an agreement would create jobs and boost growth in the two economies, which represent almost half of global output but are still not fully recovered from recession. The trade volume in goods and services between the two economies totaled $1.08 trillion last year.

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