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US-China relations
China

US, EU meet to forge trade and tech alliance to reduce dependence on China

  • Trade and Technology Council is an effort to counter China’s often disruptive global footprint through multinational partnership, a goal of President Joe Biden
  • The talks are being held over two days in Pittsburgh, Pennsylvania

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US Commerce Secretary Gina Raimondo and Secretary of State Antony Blinken attend the inaugural Trade and Technology Council meeting in Pittsburgh, Pennsylvania, on Wednesday. Photo: Bloomberg
Mark Magnierin PittsburghandFinbarr Berminghamin Brussels

Late on Wednesday in a former steel factory in Pittsburgh, Pennsylvania, the European Union and United States unveiled an alliance to sharpen their modern arsenals for tackling China on trade and technology.

The agreement, however, was reached only after some last-minute haggling and a diplomatic stand-off involving France and the US.

The United States-European Union Trade and Technology Council (TTC), first announced in June, aims to reduce its members’ shared reliance on China’s manufacturing juggernaut while strengthening their respective domestic supply chains involving strategic technologies.

While China is not mentioned in the 17-page joint statement – EU officials insist the council is not aimed at any single country – it is a clear focus of the new grouping.

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