US and EU seek middle ground between TTC and trade agreement

Against the backdrop of the US Inflation Reduction Act, heavily criticized by Europe, neither the EU Commission nor the German government or the US continue to expect an early attempt at a new free trade agreement between the EU and the United States. „I would be satisfied to have a free trade agreement,“ David Weiner of the US Trade Representative’s (USTR) staff said at an Aspen Institute conference in Berlin. But a free trade agreement is challenging, he said, „politically and practically.“