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Transatlantic Trade | US and Europe – Week of July 12, 2021

The United States (US) and European Union (EU) focused this week on forced labor and concerns with their respective supply chains, with the US releasing updated guidance on some related concerns coming from one region within the People’s Republic of China (China).  Russia was also in the spotlight, with the US focused on cyber-attacks originating … Continue Reading

Transatlantic Trade | US and Europe – Week of July 5, 2021

European partners focused on Afghanistan this week, with the United States (US) and North Atlantic Treaty Organization (NATO) member states winding down military operations in the country.  The European Parliament endorsed a report on the impact of COVID-19 on the European Union’s (EU) trade underlying the urgency to reinforce the EU’s trade policy review.  The … Continue Reading

Transatlantic Trade | US and Europe – Week of June 28, 2021

Travel is easing in the European Union (EU), with implementation of a COVID-19 Digital Certificate. The United States (US), along with European partners, announced a joint financing package this week to help facilitate COVID-19 vaccine manufacturing capacity in South Africa.  The White House also released the US COVID-19 Global Response and Recovery Framework. Meanwhile, the … Continue Reading

Transatlantic Trade | US and Europe – Week of June 21, 2021

The European Union (EU) published its TRIPS waiver proposal for COVID-19 vaccines this week at the World Trade Organization (WTO), with the United States (US) and United Kingdom (UK) welcoming the alternative, while seeking procedural clarifications.  The US detailed this week how it would distribute 55 million of the 80 million from America’s COVID-19 vaccine … Continue Reading

Transatlantic Trade | US and Europe – Week of June 14, 2021

The Group of Seven (G7) Leaders’ Summit concluded in the United Kingdom (UK) on Sunday, with several transatlantic leaders heading next to Brussels for the NATO Summit, including the President of the United States (US).  In Belgium, the US and European Union (EU) leaders met to strengthen the partnership.  EU officials also hosted a Summit … Continue Reading

Transatlantic Trade | US and Europe – Week of June 7, 2021

The United Kingdom (UK) hosted the Group of Seven¹ (G7) Leaders’ Summit, which opened on Friday and will conclude on Sunday.  The Summit comes after the G7 Finance Ministers reached an agreement in principle on global minimum tax regime last weekend.  Officials from the United States (US), including the President, were in the UK this … Continue Reading

Transatlantic Trade | US and Europe – Week of May 31, 2021

The European Union (EU) continues to resist supporting the World Trade Organization (WTO) Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) waiver for COVID-19 vaccines; and unveiled its alternative proposal on Friday.  Meanwhile, the United States (US) Government announced how it would start sharing some of its vaccine supply with the world this week.  Ahead … Continue Reading

Transatlantic Trade | US and Europe – Week of May 24, 2021

The President of the United States (US) directed the American intelligence community to redouble efforts in ascertaining the origins of COVID-19, a move that comes amid US lawmakers increasingly pressing the Administration to investigate allegations of a possible leak from a laboratory in Wuhan in the People’s Republic of China (“China”).  The European Union (EU) … Continue Reading

Transatlantic Trade | US and Europe – Week of May 17, 2021

Amid the tense situation between Israel and Palestinians, the United States (US) Government announced new sanctions related to the Nord Stream 2 pipeline, while waiving sanctions for an involved German company and its tops officials.  Bipartisan US lawmakers chastised the Biden Administration over this move, saying the Administration weakened US efforts to counter Russian aggression … Continue Reading

Transatlantic Trade | US and Europe – Week of May 10, 2021

The United States (US) marked a new stage in re-opening its economy this week, allowing vaccinated citizens to remove masks in a number of situations and opening vaccinations up to adolescents as young as 12.  Meanwhile, the Biden Administration’s support for negotiating a TRIPS Agreement waiver for COVID-19 related vaccines at the World Trade Organization … Continue Reading

Transatlantic Trade | US and Europe – Week of May 3, 2021

In a surprising announcement last week, the United States (US) reversed course on its position towards the COVID-10 TRIPS Agreement waiver negotiations, saying it would negotiate a waiver at the World Trade Organization (WTO).  US Republican lawmakers and the pharmaceutical industry pushed back on the decision, warning it would allow the People’s Republic of China … Continue Reading

Transatlantic Trade | US and Europe – Week of April 26, 2021

Trade officials in the United States (US) focused this week on increasing global access to COVID-19 vaccines, while the European Union (EU) moved forward with legal action against AstraZeneca.  With COVID-19 mutants contributing to the significantly increased infections in India, the US imposed travel restrictions on individuals traveling from that country, effective Tuesday, 4 May, … Continue Reading

Italy’s Antitrust Authority Proposes Simplification of Public Procurement Rules

The international press saluted Mario Draghi’s appointment as the new Italian prime minister with optimism. Italy is given “another chance” (The Economist). Italy is turning in a “power player in Europe” (The New York Times). Mr. Draghi wasted no time and asked his aides for radical reforms proposals. Against this backdrop, on 23 March, the Italian Competition Authority … Continue Reading

Transatlantic Trade | US and Europe – Week of April 12, 2021

Tensions with Russia resulted in another G7 statement on the situation in and around Ukraine, while the United States (US) moved to address other Russian provocations related to cyber intrusions, election interference and bounties on US troops in Afghanistan.  The United Kingdom (UK) also denounced Russia’s malign activities.  While US lawmakers welcomed the actions against … Continue Reading

Transatlantic Trade | US and Europe – Week of April 5, 2021

European countries re-examined data this week from the Oxford/AstraZeneca COVID-19 vaccine, amid increased concerns surrounding blood-clotting incidents.  The United States (US) and United Kingdom (UK) are trending toward further reopening, as inoculation levels rise.  Meanwhile, the European Union (EU) continues to face criticism with respect to its COVID-19 vaccine export control mechanism. Reports this week … Continue Reading

Transatlantic Trade | US and Europe – Week of March 22, 2021

Officials from the United States (US) reached out to European officials this week, discussing mutual concerns and priorities.  The European Union (EU) continues struggle with resolving its vaccine distribution challenges, extending its vaccine export restrictions until June.  This week, the US and European partners jointly imposed sanctions against officials from the People’s Republic of China … Continue Reading

Transatlantic Trade | US and Europe – Week of February 22, 2021

In the United States (US), President Joe Biden’s US Trade Representative nominee formally began the confirmation process, testifying before the Senate Finance Committee on Thursday and moving one-step closer to Senate approval.  The United Kingdom (UK) and Australia signed a new agreement this week, establishing a bilateral partnership – a “Space Bridge” – between their … Continue Reading

Transatlantic Trade | US and Europe – Week of February 15, 2021

United States (US) engagement with transatlantic partners came across multiple fronts this week, via the White House, State Department outreach, the NATO Defense Ministerial and Treasury Department outreach.  The European Commission released its trade strategy, with the “Open Strategic Autonomy” principle at the center, but also prioritizing strengthening the European Union (EU)-US relationship.  Effective this … Continue Reading

Transatlantic Trade | US and Europe – Week of February 8, 2021

This week in the United States (US), Senators focused on the impeachment trial for former US President Donald Trump, while the House of Representatives moved forward with the budget reconciliation process for another COVID relief bill.  US President Joe Biden announced new US sanctions on Burma, while his Administration secured contracts for additional doses of … Continue Reading

Transatlantic Trade | US and Europe – Week of February 1, 2021

The European Union’s (EU) COVID-19 vaccine export control mechanism continued to be heavily criticized this past week, including a proposal that would have invoked Article 16 of the Northern Ireland Protocol.  This led to increased tension between the United Kingdom (UK) and EU, amid continuing post-Brexit border customs concerns with Northern Ireland.  In the United … Continue Reading

Transatlantic Trade | US and Europe – Week of January 25, 2021

Countries on both sides of the Atlantic Ocean are increasingly concerned with the spread of the COVID variants, as they work to ramp up vaccination efforts and impose travel restrictions on those countries where these variants are active.  The European Union (EU) signaled this week that it might move forward with a proposal that seeks … Continue Reading

Looking Ahead at the US Economy and Transatlantic Relations Under Biden-Harris Administration – Conversation with EU AmChams

In early December 2020, former US Speaker of the House John Boehner (Republican-Ohio) and former Chairman of the US House Democratic Caucus Joe Crowley (Democrat-New York) spoke to a group of EU AmChams, representing Belgium, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Romania, Slovakia, Slovenia and Spain, on their views of the Biden-Harris economic agenda, how … Continue Reading

Transatlantic Trade | US and Europe – Week of January 18, 2021

A peaceful transition of presidential power occurred in the United States (US) on Wednesday, 20 January, in Washington, D.C., with President Joe Biden now leading the country and calling for unity.  Over his first few days, President Biden immediately signed a number of orders, ranging from addressing COVID-19 to climate change and other topics.  Prior … Continue Reading
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