Relaunching the transatlantic trade agenda: A European perspective In-Depth Research & Reports by Emilie Bel
With $1 trillion in two-way trade in goods and services annually, the EU-US relationship remains key for the prosperity of both sides of the Atlantic. The European Union (EU) has always considered the United States a privileged partner with shared values; however, Europeans have suffered from the Donald Trump administration’s unpredictability and transactional approach.
The election of Joe Biden offers a window of opportunity to restart the discussion. European institutions have already extended a hand, notably by publishing in December 2020 an ambitious proposal for a new EU-US partnership. Europeans are ready to build a positive trade agenda but on a balanced basis.