And we emphasized other additional ways that we can encourage trade and reduce economic frictions between the two sides of the transatlantic relationship.

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Today, it seems, most bilateral economic frictions are magnified through the prism of those geopolitical and philosophical differences, making controversies seem larger and more intractable.

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In fact, economic frictions are now more likely to be cast in the context of our geopolitical differences, which often serves to overstate the challenges and obscure the solutions.

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