Key facts
- 51% of U.S. companies in Europe expect stable transatlantic trade and investment relations over the next 12 months.
- 21% of respondents anticipate improvement, while 28% predict worsening relations.
- The survey was conducted by the American Chamber of Commerce to the European Union (AmCham EU).
- The findings suggest the EU-U.S. trade agreement has largely met its goals.
- The European Commission viewed new U.S. tariffs, following the expiration of a global tariff, as consistent with the trade deal.
A survey by the American Chamber of Commerce to the European Union (AmCham EU) indicates a positive shift in sentiment among U.S. companies operating in Europe regarding transatlantic trade and investment relations. Published on Monday, the survey revealed that 51% of respondents now anticipate stable ties over the next 12 months, a notable improvement from previous years.
Conducted between July 6 and 20, the survey also found that 21% of U.S. firms expect an improvement in relations, while 28% predict a worsening. This assessment comes a year after the European Union and the United States reached a trade deal. AmCham EU CEO Malte Lohan suggested that the agreement has largely met its objectives, stating that businesses perceive a more stable relationship that has, thus far, avoided feared escalations.
Last week, the European Commission acknowledged new U.S. tariffs, which followed the expiration of a 10% global tariff, noting that the outcome was consistent with their existing trade agreement.