So the chicken war took place in 1962 between the U.S. and the European Community. The thing is that the present EU and the U.S. should be cooperating with each other especially because there are some new threats jeopardizing the security of the West as the terrorism or the rise of China, India and Brazil. However this “chicken wars” keep repeating (for example the business clashes between Airbus and Boeing). It seems that the U.S. and the EU are not cooperating with each other properly and as one might wish. Actually they are competing with one another and fighting over every dollar and euro. The result is that the center of the global economy is shifting toward the Pacific region and soon it will be China and India, which will dictate the trends in global economy and as a matter of fact everybody will be affected.
http://europeancourier.org/TransatlanticRelations.htm
Also here is a good article about it:
http://www.freetrade.org/pubs/briefs/tbp-017es.html
