What will Joe Biden’s victory bring to Europe? / Article / LSM.lv

The leaders of almost all European countries have congratulated Joe Biden on winning the US presidential election, and in most capitals his victory brought some sense of relief in the hope that the next US president would be more predictable than Donald Trump.

Relief is probably the best word for describing the European response. The good news for Europe is that, under Baiden, the United States will rejoin the Paris Climate Agreement and return to the World Health Organization.

However, Europe should not be expected to suddenly become the main focus of the United States: Europe’s “strategic autonomy”, which has become the most modern saying in European politics, will continue to be relevant. Biden does not plan to abolish NATO’s requirement to spend 2% of GDP on defense.

Although Mr Baiden is to be welcomed these days, the European Union (EU) decided on Monday to set US $ 4 billion in tariffs on US goods in response to the Trump-led trade war, when the World Trade Organization allowed Americans to tariff up to 7 on European goods a year ago. $ 5 billion – for cheese, whiskey, French wines. This is the result of a dispute between the two parties over the subsidies between Boeing and Airbus. Europe hopes that trade relations will improve after Baiden takes office.

Robert Halver, head of market research at Baader Bank, predicted that “there will be a quieter time globally, but don’t be fooled: Americans are still thinking tramp – America first.”

You won’t hear it from Biden, but he will continue to do so. America is divided. They need jobs, economic growth, which is his main goal. Europeans will be more involved, but in principle: if you, Europe, do not agree with me, you better be careful. We will have to go in the direction of America. We will not be able to continue Europe’s position between the two worlds, America and China. Examples will be the Nordstream pipeline in the Baltic Sea and Huawei’s 5G equipment – Biden doesn’t want that either.

The biggest cause for concern about Biden’s victory is British Prime Minister Boris Johnson, to whom Trump has promised an excellent trade agreement. In Biden’s call list, the foreign leader to call is Merkel, Macron and the Irish Prime Minister (not the British Prime Minister). Biden has Irish roots, and he has said in the past that a trade deal between the United States and the British will not be reached if the Johnson government continues the planned controversial Brexit legislation that undermines Northern Ireland’s 1998 Good Friday Peace Treaty.

Negotiations on a trade agreement between Europe and Britain resumed in London on Monday. Some hope that Biden’s victory could make the British more lenient in negotiations with Brussels, as the British no longer have any hope of any special American favor in trade.

CONTEXT:

In the US on Tuesday, November 3, presidential elections took place, in which Democrat Biden and current President Republican Trump fought for the presidency. This year, the election results had to wait longer than usual, as during the pandemic, many chose to vote before the official election day and by post. It takes longer to verify the votes cast.

On Saturday, November 7, US analysts and major media announced – the election is estimated won by Democratic presidential candidate Joe Biden and othersn Kamala Harris, Vice Presidential Candidate. Biden after the election victory called for unity in the country and promised a new day for America.

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