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On Wednesday, 16 April, AmCham EU met with Michael J. Vaccaro, Acting Principal Deputy Assistant Secretary, Bureau of Political-Military Affairs, Directorate of Defense Trade Controls, US Department of State. The exchange with members focused on transatlantic defence industrial cooperation, regulatory issues shaping European Defence Markets and the ability of US companies to support European rearmament. Malte Lohan, CEO, AmCham EU also highlighted the importance of an open policy environment across the Atlantic to support cooperation and enable companies to contribute to Europe’s security and defence industrial base.

Authored by Malte Lohan, CEO, AmCham EU

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.’