European Common Market (1957)

This reading focuses on negotiations related to a trade union between Belgium, Grance, the German Federal Republic, Italy, Lxembourg, and The Netherlands. However, the U.K. was also interested in joining the trade union. These countries would remove barriers of trade, and would not impose tariffs upon one another, although they would establish a tariff to all external countries. The United States supported this decision, as this union will help to further unite Western Europe, both politically and economically. In addition, this union is a move towards convertible currencies, and the United States hopes this move will expand trade among countries outside of the union.