11. A trade war would be bad at the best of times, but in the current economic climate, it would be a disaster. 12. They told Jacques Delors a disastrous world trade war must be avoided at all costs. 13. The most important thing is to reach an agreement and to avoid a trade war. 14. If the Europeans did not reduce subsidies, a trade war would ensue. 15. China and the USA narrowly averted a trade war when a last-minute settlement was signed in mid-January on the protection of intellectual property rights. 16. Talks aimed at averting a trade war between the European Community and the United States of America are to resume next week. 17. The main threats to the group are political, including the risks of a trade war, selective US taxes on foreign companies, and VAT on UK food. 18. During the talks the Prime Minister pushed for an end to trans-Atlantic trade wars. 19. THE United States fired the first shot in a possible world trade war yesterday. 20. As a trade war between Europe and the US loomed, Mr Gummer remained optimistic that agreement could still be struck. |