Fewer tariffs and more vaccines for COVAX: EU shaping first summit with Biden

The European Union (EU) hopes to give new impetus to its relationship with the United States on Joe Biden’s first trip as president to Europe. Brussels is optimistic and believes that its objectives on tax reform, climate change and trade will bring its historical partner closer after years of disagreements during the Donald Trump administration, in particular, as a result of the imposition of 25% tariffs on the Community imports of steel and 10% to those of aluminum.

The EU responded to these measures with its own round of tariffs on several US products, including the whisky type “bourbon”, peanut butter, blueberries or orange juice.

With the arrival to the White House of Democrat Joe Biden, both parties have shown willingness to ease tensions and re-strengthen business ties.

In the European Parliament, European Commission Vice President and Economic Affairs Commissioner Valdis Dombrovskis said the EU is working with the United States to forge common ground.

“After some years of turmoil, the environment has changed for the better. We are looking for new avenues of joint leadership to end the pandemic and drive economic recovery. To build a more peaceful, democratic and secure world together, under the reform of the WTO, under renewable energy, under trade and technology, and under a level playing field worldwide, “said Dombrovskis.

Before arriving in Brussels for the EU summit, Biden will attend a meeting of the G7 in the United Kingdom in which the need to relaunch multilateralism to expand the shipment of covid vaccines in the world will be addressed.

The European deputy, Dacian Ciolos, hopes that Biden will support international cooperation in the fight against covid with the same eagerness with which he led the vaccination campaign in his country.

“On facing the pandemic, I hope that the United States commits, like the EU, to open the export of vaccines to support Covax, and that it really plays a key role in helping to solve this problem internationally, because it is not enough with solving the problem at home with vaccines; we also have to do it for Latin America, Africa and Asia, “the parliamentarian told Euronews.

Although there are divergent points, both parties are aware of the advancement of China and Russia on the geopolitical table, so the differences will have to be put aside to draw a common strategy that helps face the most urgent challenges.