U.S. Chamber of Commerce and BusinessEurope Joint Statement

Ahead of the one year anniversary of the Joint Framework Agreement on Reciprocal, Fair, and Balanced Trade on 27 July, the U.S. Chamber of Commerce and BusinessEurope issued a joint statement (22 July 2026) appreciating its contribution to increased predictability in the $9.8 trillion transatlantic economic relationship. 

They urge both sides of the Atlantic to act with urgency on removing non-tariff barriers, reducing regulatory burdens, and pursuing regulatory alignment and mutual recognition of standards, while cautioning against using tariffs as leverage outside legitimate trade remedy law. The USCC and BE also welcome the U.S.-EU Technology Dialogue and the Critical Minerals MOU/Action Plan as vehicles for deeper cooperation on AI governance, semiconductor supply chains, and resilient mineral supply chains.

The USCC-BE joint statement further highlights shared transatlantic concerns about China's non-market practices — state subsidies, forced technology transfer, and export-control weaponization — and calls for closer U.S.-EU coordination on export controls, investment screening, trade defence, and joint engagement through the G7, WTO, and G20. Both organizations frame the Framework Agreement as "a starting point, not an endpoint" and commit to working with officials to implement it and address remaining barriers.