The European Commission’s proposal for the Critical Raw Materials (CRM) Act will be essential for the functioning of the EU’s Green Deal Industrial Plan and the green and digital transitions. CRMs are critical components of the transportation, energy and digital economy sectors, among others, but they are often in short supply and/or regionally concentrated in third countries. To increase and diversify the supply of CRMs in the EU, policymakers should not only bolster domestic supply by streamlining permitting procedures and increasing access to project financing cooperation with likeminded partners and multiple resource vironmental, social and governance but should also pursue international rich countries that share the EU’s values. EU CRM sourcing should be in line with applicable circular economy, product design and en standards. The CRM Act should also look to the future by ensuring regulatory certainty and creating a process for the identification and notification of new CRMs.
Critical Raw Materials
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The Transatlantic Economy 2026
Following a year of political and trade tensions between Europe and the United States, commercial ties between the two sides – the deepest and broadest between any two regions in history – have held remarkably strong. In a new study from the American Chamber of Commerce to the EU (AmCham EU) and the US Chamber of Commerce, authors Daniel Hamilton and Joseph Quinlan value the transatlantic economy at a record $9.8 trillion in 2025, up from $9.5 trillion the previous year. This figure comprises an estimated record $2.3 trillion in goods and services trade between Europe and the United States and $7.5 trillion in combined affiliate sales.
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Discussing digital policy priorities with MEPs in Strasbourg
From Monday, 9 to Wednesday, 11 March 2026, AmCham EU travelled to the European Parliament in Strasbourg for a series of meetings with policymakers to discuss ongoing EU digital policy initiatives. The delegation met with members of the European Parliament, accredited parliamentary assistants and group policy advisers , to discuss priorities for the EU’s digital agenda. This includes exchanges on AI Omnibus, Digital Omnibus, Cybersecurity Act review, the Digital Networks Act and the upcoming Cloud and AI Development Act. Throughout the meetings, members emphasised the importance of urgent action to support the simplification of overlapping digital rules, strengthening cybersecurity while avoiding fragmentation in the Single Market and supporting innovation through proportionate, risk-based regulation.
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Joint industry statement urges review of product sustainability labelling
Together with 14 industry associations from various sectors, AmCham EU has signed a joint statement calling for the withdrawal of horizontal label requirements under the Ecodesign for Sustainable Products Regulation. While supporting the objective of improving the sustainability of products placed on the EU market and providing transparent information to consumers, the group warn that introducing horizontal labelling requirements without specific metrics and methodologies risks creating regulatory complexity and consumer confusion. The signatoires urges EU policymakers to instead address the need for a label and potential related requirements through product-specific measures supported by robust methodologies.
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