Number: RL30732 Title: Trade Conflict and the U.S.-European Union Economic Relationship Authors: Raymond J. Ahearn, Foreign Affairs, Defense, and Trade Division Abstract: U.S.-EU bilateral trade conflicts do not appear to be as ominous and threatening as the media often portray, but they are not ephemeral distractions either. Rather they appear to have real, albeit limited, economic and political consequences for the bilateral relationship. From an economic perspective, the disputes may also be weakening efforts of the two partners to provide strong leadership to the global trading system. Pages: 30 Date: April 11, 2007