Previewing Obama’s European Trip #2: U.S.–European Economic Relations

Note: Even though the economy will be only one point on the crowded agenda for the November 20 U.S.-EU Summit, the meeting will take place at a crucial moment for policy coordination. While discordant exit strategies from the crisis and the U.S. choice for aggressive monetary stimulus will be on the table at the G-20 Summit in Seoul on November 11 and at other fora, the divergent approaches also open a very specific rift between Europe and the United States that needs to be discussed in Lisbon.