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Europe asks: Can Biden put his money where his mouth is?



back in March Brussels and Washington have agreed to a ceasefire in the long-standing trade dispute between Airbus and Boeing. but could not find a permanent solution.

In some cases, European officials simply have a traumatic ego. After holding the torch for multilateralism during Trump’s year and made the first serious policy to drive net zero emissions and taxation from digital giants. They were disappointed to see the president’s climate ambassador, John Kerry, capturing global headlines about his climate diplomacy. Treasury Secretary Janet Yellen has sealed the G-7 deal on rates. Minimum corporate tax worldwide before the European Union reached an internal consensus on this matter.

Officials are concerned that without more stringent domestic measures All good rhetoric will be devalued.. “It̵

7;s easy to present climate targets. But if not linked to the financial impact through the emissions trading system What does the goal mean?” said a senior EU official, who requested anonymity. “In the European Union, countries may be fined for failing to meet climate targets. Biden is committed to multilateralism. But will they put the money in their mouths?”

When it comes to finalizing the 15% global corporate tax. Europe is a problem Many governments have the lowest corporate tax rates today. Along with Hungary, Cyprus and Ireland, Biden’s ancestral home and America’s strongest ally in the European Union were expected. Unlike the G-7 plan, Ireland is still married to the 12.5 corporate tax rate, and for Ireland’s Finance Minister Paschal Donohoe. The battle is not over.

play nice with friends

but Some former European and American officials believe it is time for Europe to leave the safe zone from criticizing Washington and embrace pragmatic cooperation with Biden.

Stefano Stefanini, former Italian ambassador to NATO, said Biden had set a clear path for involvement. “As always, Europeans are often frustrated when faced with an aggressive U.S.,” he said. Europe Operates In Their Comfort Zone: “The American Narrative” Europe now needs to show where it wants to lead the relationship: “Biden’s upcoming journey is to help Europe. It is very up to us to catch it,” he said.

Former Ambassador Dan Baer, ​​who serves as the Obama administration’s ambassador to the Organization for Security and Co-operation in Europe, agrees: “The European question is: Do you now have someone who wants to actually do business with you? The person across the table for business?”

“How can we trust you?” This line is just an excuse not to interfere,” Baer said, adding that European leaders who have ignored Trump. “It needs to show that cooperation can pay dividends.”

“Of course Trump or Trump can come back, but Marine Le Pen could also be the next president of France,” Stephanie said. “If Truman thinks ‘What if Hitler comes back?’ The Marshall Plan won’t happen” after World War II. he added

Overall, European officials expressed their appreciation that Biden’s first overseas trip was centered on a European summit. And diplomats based in Washington say they enjoy the return of a stable policy process in Washington.

“In Sweden we liked the forecast and we got it again. Under Trump, when we talk to one person to some extent. Others may be wiped out an hour later,” said a senior Swedish diplomat.

hand in hand with china

predicted or not It’s also worth noting that Biden has yet to invest in European diplomatic recruitment: the Indo-Pacific team is the National Security Council’s largest policy body. And the American ambassador’s residence of Europe remains empty.

Those choices in Washington have raised awareness in European capitals that their strong ties with Biden will depend on how cooperating with the government’s efforts to control China.

But London and Brussels are still struggling to come to terms with China on their own. Not to mention liaison with Washington.

Brussels undermines credibility in Washington by accelerating the signing of investment deals with Beijing. which quickly collapsed Before Biden’s inauguration ceremony London, meanwhile, bounces back and forth between American concern and a flattering Beijing. British Prime Minister Boris Johnson describe yourself as “Strong sinophils” in February and chose not to match the US declaration On the genocide of the Uighurs




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