Wendy Cutler and Anna Ashton
What to Watch: Despite the current transatlantic relationship renaissance, Washington needs to keep its expectations of Europe in check. Given the economic fallout Europe is facing from the Russia-Ukraine war, there are brass tacks economic reasons why Europe may hesitate to take on its largest trading partner simultaneously. Unlike the “no limits” China-Russia relationship, the United States and Europe have long recognized that their coordination on economic matters involving China has constraints.
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