The two together represent 60% of global GDP, 33% of world trade in goods and 42% of world trade in services. The growth of the EU's economic power has led to a number of trade conflicts between the two powers; although both are dependent upon the other's economic market and disputes affect only 2% of trade.
The combined economic power of these two entities represents 60% of global GDP, 33% of world trade in goods and 42% of world trade in services. The expansion of the EU's economic influence has resulted in a number of trade disputes between the two powers; although both are reliant on each other's economic markets, and disagreements only affect 2% of trade.