The EU and US are to begin a second round of negotiations towards creating the world’s biggest free-trade deal.
Talks on the Transatlantic Trade and Investment Partnership (TTIP) had been set for October, but were postponed because of the US government shutdown.
Relations have become strained after claims that the US listened to German leader Angela Merkel’s mobile calls.
US Secretary of State John Kerry last week urged European leaders not to allow the row to disrupt the talks.
Together the US and EU account for about $30 trillion (£18.7tn) of annual output – almost half the world’s total.
The EU says a deal could bring annual benefits of 119bn euros ($159bn; £99bn) for its 28 member states.
It is hoped that an agreement could be reached by the end of 2014.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.