U.S. Trade Representative Jameison Greer and Commerce Secretary Howard Lutnick traveled to Brussels recently to meet with their counterparts to finalize the trade deal framework announced over the summer.
While the outline of the deal remains promising, our European allies are thinly masking their latest attempt to target U.S. companies with regulatory complexity in hopes of skirting the spirit and possibly letter of the draft agreement. Lutnick rightfully made clear the Europeans’ digital regulatory regime would need to be rebalanced before any other progress could be made.
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