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President Obama has stated that the EU-U.S. Free Trade Agreement is his top foreign policy priority for his second term in office. Such an agreement would “constitute the largest bilateral economic partnership in the world” (Deutsche Welle, February 26, 2013). Speaking about the challenges facing such an agreement, the European Commissioner noted “The biggest obstacles are the different regulatory standards [between the parties], which is why we’re not just looking to get rid of customs tariffs, but are trying first and foremost to harmonize all these rules” (ibid.).
Others suggest that no such agreement can happen without the U.S. or EU capitulating on their own internal trade regulations. Will such a free trade agreement come together? Who will yield the most and who will gain the most, the U.S. or EU? Some suggest failure of a free trade effort could bode even worse for both sides than no attempt at all (Deutsche Welle, February 26, 2012).
Bible prophecy indicates that animosity will develop between the final European Beast power and the Israelite-descended nations, including the U.S. (Leviticus 26:38-39; Jeremiah 5:15-20). Other prophecies indicate the Israelite nations will become dependent on the Assyrians (Germans) and the Egyptians for basic commodities (Lamentations 5:2-9).
For more information regarding the coming European Beast power, be sure to review our eye-opening booklet, The Beast of Revelation: Myth, Metaphor, or Soon-Coming Reality?