Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-03-13-Speech-3-174"
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"en.20020313.7.3-174"2
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"The transatlantic relations between Europe and the US are once again under intense pressure. Europe and the United States are adopting increasingly threatening language with each other on a variety of topics. Only last week, President Bush unleashed a fresh trade war by restricting steel imports by means of import tariffs. The European Union was right to lodge a complaint with the World Trade Organisation about these Draconian measures. Although our trade disputes with the US only concern one to two per cent of our trade and investment flows, they can cause a great deal of damage to our mutual relations. Trade disputes are always catching the headlines and undermine the political relationship, which is already very fragile at this time. Each new trade dispute is one too many. Consequently, more efforts must be made to nip potential conflicts in the bud as a matter of urgency. Transatlantic relations desperately need new positive impulses in the interest of us all."@en1
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