With the election of Joe Biden, there is a window of opportunity to renew constructive dialogue on improving European-U.S. trade that can strengthen relations and set a path to closer cooperation in the future. Even before assuming his new role as Secretary of State, Antony Blinken said that one of the first steps to be taken by the Biden administration would be to “end the artificial trade war” between Europe and the United States. In early March, we started seeing signs of this intent in action. But, more needs to be done – and Germany can play a critical role in further strengthening the transatlantic economy.
Last month, AmCham Germany published a position paper on what a new agenda for the transatlantic trade and investment partnership can look like. And, earlier this month it also released its annual Transatlantic Business Barometer. On April 28, the ACG hosted a conversation with Daniel Andrich, the General Manager of AmCham Germany, regarding these two publications and an assessment of how Europe and the U.S. can work together to craft a new agenda for the transatlantic trade and investment.