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Downstairs. right now i m here with european commission vanderline who has been a great partner. we have reached a major break through that will address the existential threat of climate change while also protecting american jobs and american industry. together the united states and the european union are ushering in a new era of trans atlantic cooperation that s going to benefit all of our people, both now and i believe in the years to come. it s a testament to the power of our strong partnership and to what the united states can accomplish by working together with our friends. here s what this deal does. it immediately removes tariffs on the european union on a range of u.s. products and lowers costs to american consumers. it ensures strong, competitive u.s. steel industry for decades to come and creates good paying ....
Union jobs at home and, and demonstrates how by harnessing our diplomatic and economic power we can reject the false idea that we can t grow our economy and support american workers while tackling the climate crisis. we can do all three of those things. we can and we must do both. i would argue, i ve said before that when i think climate, i think jobs. i think of good paying jobs around the world. you know, i think it s possible for us to do both, as i said, and the workers are an essential part of this solution. on our close partnership and shared values, the united states and european union have committed to have a carbon based arrangement on steel and aluminum trade. these arrangements will, one, ....
Challenges. so i thank you again, president vanderline and i will turn the podium over to you. thank you. thank you, very much, mr. president. joe, thank you very much. and i am also very pleased to announce that, mr. president, you and i, we have today agreed to suspend the tariffs on steel and aluminum and to start the work on the new global sustainable steel arrangement. and this marks a milestone in the renewed eu/us partnership, and it is our global first in the efforts to achieve the decarbonization of the global steel production and trade. it is a big step forward in fighting climate change. the arrangement is, of course, open to all like-minded ....
Commission president and her team and her partnership. she s been straightforward from the very beginning. has worked to come up with a creative solution that benefits all of our people. over the past nine months the united states and the european union have come together to take on major global challenges by looking to all that unites us in the shared interest we have both in europe and the united states. we resolve the 17-year boeing airbus dispute and are close partners to address covid-19 and combat climate change. as we move forward, we re going to continue together to update the rules of the road and the 21st century economy and prove to the world that democracies, democracies are taking on hard problems, delivering sound solutions and the european union and the united states will continue to be the closeness of friends and partners as we work together to solve 21st century ....
In return the opening back to the u.s. market for bourbon and motorcycles to be shipped to europe. he used this issue to make a broader point about the repairing of the u.s./european relationships. it s no secret this trip is very different than the first trip president biden made overseas. then it was pushing an open door. world leaders were so excited, frankly, you could see it on their faces to be welcoming a u.s. president that wasn t donald trump. it s no secret the reception has been cooler. we saw that in the meeting with french president emmanuel macron in which he said declarations are one thing but proof is better as it relates to trust. residual show of what the upset relationships over the u.k., australia submarine deal involving the u.s. as well. but this was the president standing side by side with the e.u. commissioner who on her ....