Following the first EU-US summit since 2014, both sides seized the opportunity of the renewed momentum to announce concrete cooperation in a number of areas, including aircraft subsidies, technology, climate, taxation and vaccines. The outcome of the summit underscores the determination of the EU and the US to shape the global economy’s future direction around the values of democracy, rule of law, open trade and fair competition.
EU-US summit: Both sides seized the opportunity to reset the relationship
Following the first EU-US summit since 2014, both sides seized the opportunity of the renewed momentum to announce concrete cooperation in a number of areas, including aircraft subsidies, technology, climate, taxation and vaccines. The outcome of the summit underscores the determination of the EU and the US to shape the global economy’s future direction around the values of democracy, rule of law, open trade and fair competition.
Commenting on the agreement on aircraft subsidies, Susan Danger, CEO, AmCham EU, said: ‘We are delighted that the EU and the US have committed to suspend tariffs for five years and cooperate to resolve the aircraft subsidies dispute that has punctuated the transatlantic relationship for 17 years. This agreement allows both sides to promote a level playing field and fair competition, strengthening our important transatlantic trade and investment relationship.’
Addressing the Transatlantic Trade and Technology Council, she went on to say: ‘The formal establishment of the Transatlantic Trade and Technology Council is a very positive outcome. With over 60% of GDP expected to be digitised by the end of 2021, trade in digital services will continue to be a key driver of the global economy. By taking this step, both the EU and the US will ensure they can shape global regulatory standards together around key emerging technologies.’
On climate action specifically, she added: ‘The EU and the US have also set an ambitious agenda when it comes to tackling climate change. The establishment of an EU-US High Level Climate Action Group, as well as a Green Tech Alliance will enable both sides to drive climate ambition in the run-up to COP26. The business community will continue to contribute to the innovation in technology that is critical in order to address climate change.’
With regard to the outcome of the summit as a whole, she concluded: ‘The signals from the EU-US summit strongly indicate that the transatlantic partnership is back on track.’
For more information, please contact Thibaut L’Ortye, Director of Public Affairs (TLO@amchameu.eu).
Related items
:focal())
Blog
2 Apr 2026
One year on from ‘Liberation Day’, the transatlantic economy still stands strong – but it needs stability
Authored by Malte Lohan, CEO, AmCham EU
:focal())
News
26 Mar 2026
EU-US deal: European Parliament reaches position on tariff reductions
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.’
:focal())
News
20 Mar 2026
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.
Policy priorities
Insights and advocacy driving Europe’s policy agenda. Our priorities support growth, innovation and a stronger transatlantic economy.
Membership
Connecting business and policymakers to strengthen the voice of American companies in Europe.