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Trade Agreements Between Us And France

In a previous meeting with Ursula von der Leyen, the new president of the European Commission, Trump congratulated von der Leyen as a tough negotiator. He acknowledged that governments have been talking about a trade agreement for some time, “and I hope we can do something.” France and the United States, in addition to their strong political relations, have deep economic relations that are mutually beneficial. These trade and investment flows support growth, employment and innovation in both countries. 3/ Each U.S. state participates in these trade flows, with differences that reflect their economic weight and sectoral specializations. California is the largest exporter of goods to France, followed by Texas, mainly because of its energy industry, while New York and New Jersey are the main importers of goods from France. Similarly, the regions of Ile-de-France (Paris region), Auvergne-Rhéne-Alpes (Lyon region) and Occitanie (southwest) are particularly involved in this relationship – the last because of their aviation industry. The U.S. Department of Commerce and the French Department of Economy and Treasury have agreed to establish an “economic trade dialogue between the United States and France” to improve bilateral cooperation and increase trade and investment.

The dialogue aims to facilitate the exchange of information and encourage bilateral discussions to find ways to promote jobs and growth in both countries and improve competitiveness through innovation and entrepreneurship. Possible topics for discussion and cooperation include: development and support for small and medium-sized enterprises (SMEs); Encourage direct investment in both directions; Strategies to promote advanced production, innovation and entrepreneurship activities; Workforce training Promoting green products and energy technologies; Market access issues and the potential benefits of T-TIP. The dialogue is jointly led by the Deputy Minister of Global Markets and an official from the Ministry of Economy at an equivalent level. Both sides want a first meeting of the dialogue in May or June 2014. In November, the Trump administration tacitly authorized a deadline for the imposition of tariffs on European cars.