U.S. Sen. Mark R. Warner (D-VA) issued the statement below regarding the U.S.-EU Trade and Technology Council (TTC) to expand and deepen trade and transatlantic investment ties for the 21st century economy:
"I am pleased to see the announcement of the inaugural U.S.-EU Trade and Technology Council Meeting. For several years now, I have been leading calls to update our approach to digital trade, working with like-minded allies to develop rules to reflect and uplift democratic values. For too long, the U.S. position on digital trade has been to promote continued laissez faire, even as we saw the downsides of this approach to technology governance over recent years. I am hopeful that Secretary Blinken, Secretary Raimondo and Ambassador Tai will work with our European allies to update our digital trade policies to promote innovation, privacy, competition, and consumer protection."