The subjects of this diploma thesis are the characteristics of European foreign trade to the USA. The work consists of six mutually related parts, which, except introduction and conclusion, explain the trade policies of the European Union and the USA. The trade policies of the European Union are described with several examples of signed agreements between the European Union and other states. The new trade strategy of the European Commission, which is currently being applied in Transatlantic Trade and Investment Partnership (TTIP) negotiations, has also been described. On-going cooperation between the European Union and the United States of America has been represented and systematized. This includes import and export of products, services and investments between the European Union and the United States. The TTIP negotiations between the European Union and the United States of America have started in July 2013, and so far there have been thirteen rounds of negotiations completed. The TTIP negotiations are being held in three parts: the market access, regulatory cooperation and rules. The aim of the negotiations is the removal of obstacles within trade in order to facilitate purchasing and selling of goods and services between the EU and the USA. Various representatives of interest and influence realms of academia, unions, the private sector and non-government organisations are all participating in the negotiations.