This policy brief by Erik Brattberg, Associate Partner at the Albright Stonebridge Group in Washington, D.C., assesses the achievements and shortcomings of the U.S.-EU Trade and Technology Council (TTC) to date, charts its possible future evolution, and offers recommendations to enhance transatlantic cooperation on trade and technology issues over the next four years.
According to the author, the establishment of the TTC in 2021 marked a significant milestone in transatlantic trade relations. It has demonstrated its efficacy in responding to Russia’s invasion of Ukraine with unprecedented sanctions and advancing economic security initiatives targeting China. However, its achievements in areas such as trade and green technology have been less remarkable. Additionally, it has faced challenges in resolving intricate U.S.-EU trade disputes. The Council’s future beyond 2024 remains uncertain and will be heavily influenced by the outcomes of this year’s elections on both sides of the Atlantic.
The policy brief is a publication of the Transatlantic Expert Group set up by the Bertelsmann Stiftung and the Bertelsmann Foundation in Washington, D.C.
