WASHINGTON, Sept.27 (Reuters) – The United States and the European Union hope to discuss chip shortages, artificial intelligence (AI) and technological competition concerns at the first meeting of the Trade and Commerce Council. technology (TTC) this week, senior U.S. administration officials said. On Monday.
On Thursday, Reuters was the first to report actions the United States and European Union plan to announce from the first TTC meeting, such as taking a more unified approach to limit the growing market power of Big Techs. .
Earlier this month, the White House announced that the council would meet for the first time on September 29 in Pittsburgh.
US Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo, US Trade Representative Katherine Tai and EU Trade Chief Valdis Dombrovskis are expected to attend, as well as EU Competition Commissioner Margrethe Vestager.
EU trade and digital chiefs on Sunday said the council would give Europe more weight and set standards and rules for the 21st century.
“As an administration, we believe in strong pro-competition regulation.… We believe that we have opportunities to work with the European Union,” said an administration official.
Administration officials said the United States was discussing with its European counterparts the issues and recommendations it had regarding the Digital Markets Act and the Digital Services Act – European Union legislative proposals that provide a framework to regulate the technology sector.
Several tech trade groups in Washington have said the industry does not want the European approach to digital regulation to be adopted in the United States.
“The risk is that the European side pushes the US to harmonize its regulations with those of the EU by taking a precautionary approach … a Washington-based technology think tank.
“We shouldn’t be doing this and we don’t need to. Our interests are broadly aligned and compatible, especially when it comes to China,” Atkinson said.
The powerful United States Chamber of Commerce said the TTC’s actions should “avoid policies and regulatory measures that target companies headquartered in the other party – explicitly or implicitly – through the law. or regulations “.
Alleviating a severe chip shortage that has hurt businesses, including U.S. automakers, will be a priority for the panel, officials said.
The development and implementation of AI that improves privacy will also be reviewed and a joint study on how the technology affects global commerce will be undertaken, they said.
An official in the US administration also said that talks between the US and the EU over steel and aluminum tariffs continue on a separate track from the TTC process, hopefully with guidance on the way forward by the end of the year.
Reporting by Nandita Bose and David Lawder in Washington; Editing by Nick Macfie, Jonathan Oatis and Himani Sarkar
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