Survey shows 51% of U.S. firms in Europe expect stable EU-U.S. ties

AmCham EU said sentiment improved sharply from early 2025, a year after the European Union and United States struck a trade deal.

Summary

A majority of U.S. companies operating in Europe now expect transatlantic trade and investment relations to remain stable over the next 12 months, marking a notable turnaround from the pessimism seen earlier in 2025. The American Chamber of Commerce to the European Union said 51% of respondents in its latest survey foresaw stable ties, while 21% expected improvement and 28% predicted worsening relations. The poll, conducted from July 6 to 20 and published Monday, came a year after the European Union and the United States reached a trade deal. AmCham EU CEO Malte Lohan said the findings suggest the agreement has largely met its aims, with businesses seeing a steadier relationship that has so far avoided the escalation many had feared. The shift in sentiment contrasts with late September last year, when 46% expected relations to worsen, and with a similar survey in January 2025, when 89% were pessimistic after U.S. President Donald Trump returned to office. The results also follow the European Commission (EU executive arm) giving a guarded welcome last week to new U.S. tariffs after a 10% global tariff expired, saying the outcome was in line with the trade deal.

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