Julie Brill, commissioner at the United States Federal Trade Commission, and Bruno Gencarelli, head of unit for data protection at the European Commission’s DG justice and consumers, discussed the state of ongoing talks for a new Safe Harbour agreement, the likelihood of a deal later this year, the importance of data trade for transatlantic prosperity and the need for privacy standards that evoke respect and confidence from citizens at large. Paul Hofheinz, president and co-founder of the Lisbon Council moderated and delivered opening remarks, and Will Marshall, president and founder of Progressive Policy Institute, offered the conclusion. The roundtable took place as part of the thriving transatlantic think tank dialogue established three years ago by the Lisbon Council and Progressive Policy Institute, a Washington, DC-based think tank, with the aim to reinvigorate the transatlantic digital agenda and intellectually inform the ongoing Transatlantic Trade and Investment Partnership negotiations.