Under Joe Biden, there is finally an opportunity to achieve a more positive trade relationship between the EU and the US. Now is an opportune moment to enter into talks with the Americans on concluding transatlantic trade agreements, for example on the mutual recognition of conformity assessments.
A united and strong Europe is more important now than ever. In the second year since the outbreak of the Corona pandemic, it is essential to emerge from the crisis resilient. But what exactly is in store for European policy in 2021?
The chaotic scenes from the US Capitol are harrowing. Nevertheless, the outcome of the Senate elections in the state of Georgia is an important success for Joe Biden. The new administration can now more easily implement its ambitious election promises - a more predictable trade policy can be expected.
As an export industry, mechanical and plant engineering relies on free world trade and partnership-based forms of conflict resolution. The election of Joe Biden as US President provides an opportunity to revive the multilateral approach to trade policy. The new Asian free trade area RCEP underlines the need to see trade policy also as a strategic issue. In addition, Biden's announcements offer approaches for making progress in climate protection, also to the benefit of German industry.
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