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How are companies adjusting to an evolving transatlantic trade environment? In a year so far marked by geopolitical tensions and economic uncertainty, The Transatlantic Economy Pulse identifies trade and investment trends between Europe and the US in the first half of 2026.

On Wednesday, 21 October 2026, Thibaut L’Ortye, Chief Policy and Public Affairs Officer, AmCham EU, addressed MEPs with Brando Benifei, MEP (S&D, IT) and Chair, and Eva Maydell, MEP (EPP, BG) and Vice-Chair, European Parliament Delegation for relations with the United States. Taking place at the European Parliament in Strasbourg, France, he presented the latest trade and investment data alongside Daniel Hamilton, co-author of The Transatlantic Economy, stressing that behind the headlines lies the world’s most integrated economic relationship, worth around €8 trillion. He underlined that stability and predictability are essential, urging both sides to build on the Turnberry agreement. He also called for Europe’s industrial strategy to keep the Single Market open to investment. Read more in the latest Transatlantic Economy Pulse.

The success of the Cloud and AI Development Act (CADA) will depend on whether its sovereignty framework strengthens Europe’s resilience and competitiveness without restricting access to the technologies, providers and operating models needed to support the bloc’s digital transformation. As currently envisaged, several elements of CADA introduce origin-based restrictions that are not necessarily linked to genuine sovereignty, security or resilience risks. These measures could reduce competition, increase costs and slow cloud and AI adoption – ultimately working against CADA’s underlying objectives.

A sovereignty framework built on objective, risk-based criteria will better support Europe’s competitiveness, resilience and digital transformation than one based on origin, ownership or nationality.