1、1 For background, see CRS Report RL30608, EU-U.S. Economic Ties: Framework, Scope, andMagnitude, by (name redacted), and CRS Issue Brief IB10087, U.S.-European Union TradeRelations: Issues and Policy Challenges, by (name redacted).Congressional Research Service The Library of CongressCRS Report for
2、CongressReceived through the CRS WebOrder Code RS21223Updated September 26, 2002U.S.-EU Trade Tensions: Causes,Consequences, and Possible Curesname redactedSpecialist in International Trade and FinanceForeign Affairs, Defense, and Trade DivisionSummaryThe United States and the European Union (EU) sh
3、are a large and mutuallybeneficial trade and investment relationship. Given a huge volume of commercialinteractions, trade tensions and disputes are not unexpected. In the past, periodicepisodes of rising trade tensions and even threats of a trade war have been followed bysuccessful efforts at dispu
4、te settlement. This ebb and flow of trade tensions hasoccurred again this year with highly publicized disputes involving steel and tax breaksfor U.S. exporters. Both disputes have been characterized by mutual feelings that theother side has taken actions that are unreasonable and inconsistent with t