Biden seeks EU support on China, but trade battles persist

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Brussels wants a swift end to lingering trade rows and a clean break from Donald Trump. FMTNews US Trade EU

After the European enthusiasm that followed Biden’s election, the president of the European Council Charles Michel, representing the 27 EU leaders, and the head of the European Commission, Ursula von der Leyen, will sound out Biden for more detail on his “America is back” pledge.

The Europeans will be trying to clear the slate of trade disputes in order to enter a more friendly phase and jointly tackle other issues, which also include curbing big tech and handling Russia. The more difficult bone of contention is a tariff of 25% on steel and 10% on aluminium that Trump slapped on Europe and other close partners in 2018.

Trump and Brussels also quarrelled over taxing big tech platforms after France led a group of several EU states by hitting Google, Facebook and others with a special levy. Washington will also express concern over the controversial agreement reached in December between the EU and China that would open the Chinese market to European companies.

 

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