The US-EU Trade and Technology Board (TTC), formed with the participation of senior cabinet officials from two continents, announced that they will cooperate in the field of examining investments in sensitive technologies used in both civil and military fields and developing artificial intelligence.
“CONTINUE TO PROTECT OUR BUSINESSES FROM UNFORGETTABLE TRADE PRACTICES THAT DAMAGE THE WORLD TRADE SYSTEM”
China was not mentioned in the statement, but "We agreed to continue to protect our businesses, consumers and employees from unfair trade practices that harm the world trading system, particularly those created by non-market economies." it was said.
The meetings were led by US Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo, US Trade Representative Katherine Tai, European Commissioner for Trade Valdis Dombrovskis and European Commissioner for Competition Margrethe Vestager.
ADDITIONAL CUSTOMS TAXES STILL IMPLEMENTED IN CHINA
The Biden administration has not lifted the additional tariffs imposed on China by former US President Donald Trump. He tried to improve the US policy against China through greater cooperation with the allies.
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