Trade Digest
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Transatlantic trade shifts: energy, pharma, and AI in focus

This edition highlights:

  • Energy: EU–U.S. LNG trade expansion as the EU phases out Russian gas imports by 2027, with U.S. lobbying for exemptions from methane emissions laws.
  • Pharmaceuticals: U.S. lifts tariffs on UK pharmaceutical products under a new bilateral framework, reducing costs and improving supply chain integration.
  • Public Policy: EU–Mercosur trade deal vote delayed due to domestic concerns, testing EU trade credibility and impacting transatlantic strategy.
  • Artificial Intelligence: EU launches antitrust investigation into Google’s AI training practices, increasing regulatory pressure on U.S. tech ties.