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EU-US tariff agreement: a positive development for the transatlantic relationship

25 Aug 2020
All Committees
Trade & External Affairs
Transatlantic Task Force

On Friday 21 August, Commissioner Hogan and Ambassador Lighthizer announced that the EU and the US reached an agreement on a set of tariff reductions. The American Chamber of Commerce to the EU (AmCham EU) welcomes the deal as a small but positive step to normalise and deepen the EU-US trade relationship. 

The package is presented as part of a staged approach that will lead to additional deals between the two economies. AmCham EU continues to support every effort to advance the transatlantic trade and investment agenda. The EU-US economy is the engine of global growth and has a key role to play in powering the economic recovery. 16 million jobs rely on the relationship on both sides of the Atlantic.

For more information, please contact Thibaut L’Ortye, Associate Director of Public Affairs (TLO@amchameu.eu).