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Joint Press Conference Following US-EU Trade Talks Underway Shortly

US-EU

US Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo, and Trade Rep Katherine Tai will shortly lead a joint press availability with European Commission Executive Vice President Valdis Dombrovskis and European Commission Executive Vice President Margrethe Vestager following trade talks within the US-EU Trade and Technology Council (TTC) format at the University of Maryland.

  • Livestream: https://www.state.gov/
  • According to the US State Department, Blinken and Raimondo used the ministerial meeting to "emphasize the importance of the transatlantic relationship and the need to reach economically meaningful outcomes for citizens and economies on both sides of the Atlantic."
  • Primary focus of the ministerial session was to hammer out issues with the US Inflation Reduction Act legislation - seen as raising the risk of a damaging trade dispute between the US and EU.
  • Sabine Weyand, EU Director General for trade said ahead of the ministerial that the TTC is "key to address the challenges of the Inflation Reduction Act."
    Weyand: "EU and US share climate objectives and a will to promote transatlantic trade. That means cooperation, also on subsidies for the green transition. They have to be transparent, proportionate and non-discriminatory."

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