EU-US trade dispute: measured EU response paves way for negotiated outcome
News
13 Jul 2025
Transatlantic, Trade tensions

AmCham EU is concerned about the United States potentially imposing a 30% tariff on EU imports as of August 1. This move would generate damaging ripple effects across all sectors of the EU and US economies. Tariffs disrupt supply chains and add costs and complexity for businesses on both sides of the Atlantic, undermining their competitiveness. In this context, the EU’s decision to hold off on imposing countermeasures against the US until early August is a constructive signal. It provides relief to industry, helps avoid further escalation and creates space for continued dialogue. The two sides must urgently seek a negotiated outcome to the ongoing dispute with the goal of lowering barriers to trade.

The transatlantic economic relationship – worth €8.7 trillion – remains the most integrated in the world. Despite political tensions, the EU and the US share more priorities than differences. A permanent solution to transatlantic trade is needed to ensure long-term predictability for American and European companies. 

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Today the European Parliament adopted its negotiating position on proposals to reduce tariffs on certain imports from the United States, in line with the July 2025 EU-US Framework Agreement. The Parliament’s vote clears the way for trilogues to finalise these proposals.

Reacting to the vote, Malte Lohan, CEO, AmCham EU, welcomed the Parliament’s decision as a necessary step towards a more predictable transatlantic marketplace: ‘The Parliament today has taken a decision that helps put the EU-US trade and investment relationship back on track. It is the right signal for businesses that have been stuck in limbo over the past year.’

‘AmCham EU opposes broad-based tariffs. However, given political priorities on both sides of the Atlantic, we still see the Framework Agreement as the most realistic route to securing a more constructive EU-US trade and investment climate’, Mr Lohan added. ‘We call on the Parliament and Member States to conclude trilogues swiftly. Once the tariff reductions are approved, the EU and the US can get back to advancing the cooperation the Framework Agreement envisages on a range of areas that benefit European and American businesses alike. We look to both sides to continue honouring their commitments throughout this process.’ 

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AmCham EU co-organises first ACE Brussels Doorknock

On Wednesday, March 18, AmCham EU co-organised the AmChams in Europe Brussels Doorknock. Hosted at AmCham EU’s offices, the programme brought together representatives from AmChams across Europe for meetings with EU policymakers and stakeholders in Brussels. 

The group met with Jakob Wegener Friis, Chief Economic Advisor to the President of the European Council; Didrik de Schaetzen, Secretary General, ALDE Party, European Parliament; Klaus Welle, Special Advisor to the Commissioner for Defense and Space and Chairman, Academic Council, Wilfried Martens Centre for European Studies and Fabian Zuleeg, Chief Executive and Chief Economist, European Policy Centre. 

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