The transatlantic economy remains the most important in the world comprising one-third of the world’s GDP, $6.2 trillion in commercial sales, 61 percent of inward FDI and 64 percent of outward FDI, as well as 27 percent of global exports and 32 percent of world imports. Currently, the U.S. economy is running on all cylinders with a forecast of 6-7 percent real GDP growth this year, while the Eurozone is still suffering. Greater cooperation could help the transatlantic community together recover better and faster.
On July 21, the ACG and Konrad-Adenauer-Stiftung hosted a discussion on transatlantic trade with Dr. Laura von Daniels, Head of the Research Division, The Americas, Stiftung Wissenschaft und Politik (SWP); and Dr. Daniel S. Hamilton, Director of the Global Europe Program and Austrian Marshall Plan Foundation Distinguished Fellow, Wilson Center; and moderated by Julia Friedlander, Deputy Director of the GeoEconomics Center and C. Boyden Gray Senior Fellow, Atlantic Council.