The spin in Europe (at least in Germany) is that the EU is portrayed as being pro-consumer, which is basically a joke (ask any VW owner in Germany how they are being compensated).
That it is not working in some areas and that there is a lot industry lobbying is another topic.
* a new pesticide enters the market. After three years we find out that it kills bees and would lead to the death of a species.
Germans usually would want that some independent upfront effort is done to determine that this product is potentially harmful and prevent it from entering the market. In real life, this leads to all kinds of practical problems. But that does not mean we should give up this approach, just because it is not perfect.
So it is very likely, that the US will get the standards for air pollution (from automobiles) from the EU and the EU will get the food standards from the US.
"The US insisted on its request for the commission to “require” in its standardization request, CEN and CENELEC to involve US experts in its standards development process (with no guarantee of reciprocity) as a condition for referencing harmonized standards."