The EU seeks to obtain data on corporate investments in the US to promote the conclusion of a trade agreement.

On May 28, the European Union asked major European business groups to collect the latest information on their members' investments in the United States to speed up trade negotiations with the Trump administration. Both the European Business Confederation (BusinessEurope) and the European Industry Roundtable (ERT) said on Tuesday that they had been asked to help with the task. Previously, Trump postponed the threat of 50% tariffs on the European Union until July 9, and the European Union said the two sides had agreed to negotiate quickly. A spokesperson for the ERT said the information was collected to "illustrate the importance of transatlantic economic and trade relations to Europe and the United States."