The United States and the European Union trade goods and services with each other at a value of $1.3 trillion (€1.2 trillion) a year. The transatlantic trade supports around 16 million jobs on both sides of the Atlantic. Yet, there is no trade agreement between the two. The negotiations of the Transatlantic Trade and Investment Partnership (TTIP) were buried in 2016. Since May 2021, the two partners have met regularly in the Trade and Technology Council (TTC) to coordinate approaches to global trade, economic, and technology issues. It has not delivered much when it comes to concrete outcomes…
