AmCham EU CEO: ‘A 15% tariff is painful. A trade war would be worse.’

The Framework Agreement reached between the EU and the US dominated the headlines over the summer. While business would have liked to see the deal go further on tariff reduction, it has prevented the escalation of tensions into a full-scale trade war that would have caused severe disruption to transatlantic commerce. Malte Lohan, CEO, AmCham EU, makes the case for a swift implementation of the agreement in this new opinion piece.