The panel also featured Sarah Jackson, Policy Advisor, E3G and Cécilia Vidotto Labastie, Chargée de Mission, Programme Europe, Institut Montaigne. The panellists agreed that fora for cooperation among the EU, US and transatlantic business community, like the Trade and Technology Council (TTC), will be instrumental in charting a better path forward. Read more about our advocacy on the TTC here.
Discussing the EU-US relationship after the Inflation Reduction Act
How can the EU and US deepen economic ties after the implementation of the US Inflation Reduction Act? Several experts, including our own Thibaut L'Ortye, Director of Public Affairs, AmCham EU, explored this and more during the panel Cooperation or Competition? The EU's response to the Inflation Reduction Act hosted by DeHavilland EU. L’Ortye emphasised that now is not the time for transatlantic trade tensions, and that instead the EU and US should look to build on one another's strengths and work toward a coordinated, clean technology supply chain.
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Implementing the EU-US Joint Statement
With the EU having formally adopted the tariff reductions agreed under the EU-US Framework Agreement, the two sides now have an opportunity to enter a new phase.
The agreement has the potential to help restore stability and predictability for citizens and businesses on both sides of the Atlantic and provide the basis for continued collaborationbetween the EU and US. The goal should be to bring their shared $9.8 trillion commercial relationship to a more constructive place, focusing on cooperation where interests align.
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