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Transatlantic relations and the international trading system

US-europe

Steve Woolcock, London School of Economics
Today there are more doubts that transatlantic cooperation is in the mutual interest of the US and EU than at any time since the creation of the GATT.  First, the US Administration is pursuing a purely value-claiming (“I win you lose”) trade strategy vis–a– vis the EU (and other countries) when the norm has been value creating or “win-win”.

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