New US-EU Trade and Technology Council Is Designed to Counter China, Experts Say

U.S. Secretary of State Antony Blinken(3rd L), Commerce Secretary Gina Raimondo (2nd L), and Trade Representative Katherine Tai (L) stand near European Commission Executive Vice President Margrethe Vestager (R) and EU Executive Vice President Valdis Dombrovskis (2nd R) as they participate in the U.S. and European Union trade and investment talks in Pittsburgh, Pennsylvania, on Sept. 29, 2021. John Altdorfer/Reuters

The United States and European Union (EU) agreed on Sep. 29 to deepen transatlantic cooperation to solve a variety of trade disputes and key technology areas. China experts say the move counters the Chinese regime’s hegemony.

It marks the first meeting of the newly-established U.S.-EU Trade and Technology Council (TTC), a group that President Joe Biden launched at the Group of Seven summit in June.