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Why German companies should strengthen their lobbying in the US

Why German companies should strengthen their lobbying in the US

Joe Biden

The US President has introduced strict grant conditions.

(Photo: AP)

New York, Brussels, Washington From a rooftop terrace in Washington, the view is spectacular, with the Dome of Congress gleaming to the left and the Washington Monument rising into the sky to the right. Called the “German American Business Council” network, for nearly 20 years the organization has maintained transatlantic business relations on behalf of the German Embassy in the United States.

Company representatives chat with ambassadors and journalists over finger food and white wine and business cards are exchanged. A handshake and an American “stay in touch” stamp new contacts.

Events like this happen every day in the US capital, but this year the mood is better – at least among investors with locations in the US. Billions in subsidies from Joe Biden’s US government are having an effect, and America is more attractive than foreign companies.

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