Rima Grace

and the EU are the world's two largest economies.

and the EU are the world's two largest economies.

And for decades, we've traded pretty well together.

And for decades, we've traded pretty well together.

There have been little trade disputes, like siblings fighting in the backseat of a car.

There have been little trade disputes, like siblings fighting in the backseat of a car.

Emily Blanchard studies international economic policy at Dartmouth.

Emily Blanchard studies international economic policy at Dartmouth.

She says, like siblings, we trade just about everything.

She says, like siblings, we trade just about everything.

Fun stuff like French wine and Kentucky bourbon, but more so big, heavy stuff.

Fun stuff like French wine and Kentucky bourbon, but more so big, heavy stuff.

Industrial machinery, airplane parts, cars, services like banking.

Industrial machinery, airplane parts, cars, services like banking.

Even after the Trump administration imposed widespread tariffs last year, it reached a preliminary trade deal with the EU.

Even after the Trump administration imposed widespread tariffs last year, it reached a preliminary trade deal with the EU.

So we've been in a sort of...

So we've been in a sort of...

cool detente since summer.

cool detente since summer.