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Congress is worried the EU is stealing a march on the US, reaching free trade agreements with countries ahead of Washington (Photo: Brian Auer)

Senators warn Obama on EU trade competition

US senators from both parties on Wednesday (3 March) pressured the Obama administration to implement free trade agreements with South Korea and Colombia, warning of competition from the EU, which recently clinched similar deals.

Washington's free trade agreements with Colombia, Panama and South Korea were signed during the George W. Bush administration, but their implementation has been blocked for some three years now due to opposition from Barack Obama's own Democratic Party.

"T...

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Congress is worried the EU is stealing a march on the US, reaching free trade agreements with countries ahead of Washington (Photo: Brian Auer)

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