Article: DaimlerChrysler Chairman Urges Free Trade Between United States, Europe.

Knight Ridder/Tribune Business News

Jun. 8 -- The chairman of DaimlerChrysler told a Philadelphia audience yesterday that Europe and the United States ought to form a "Transatlantic Free Trade Area" to deal with the rising tide of protectionism on both sides of the Atlantic.

"Isn't it ironic that at a moment when for the first time in history German and American soldiers are fighting side by side in the NATO Alliance, Europe and the U.S. are at daggers drawn over trade issues?" asked Juergen E. Schrempp during a speech at the Union League marking the World Affairs Council's 50th anniversary.

"In my view, it is imperative that we set ourselves ...

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