How Joe Biden wil
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European Busines
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ow that the presiden al race is all but over following the electoral college predictions in favour of now President-Elect Joe Biden, thoughts turn to how his role as number 46 will change the way America operates over the next four years. While Donald Trump made many efforts to change the landscape, his most pivotal ini a ve was to s mulate and revitalise the economy which, he claims is the most successful it has ever been despite the authoritarian and self-interest regime which moved away from the EU, seeing them as a foe not friend. Biden’s rela onship with European business, while strained is expected to provide a much dierent outlook.
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Many European leaders in fact feared that Trump would a second term and were vocally suppor ve of Joe Biden due to the percepon that under the current president the Trans-Atlan c rela onship was star ng to fade, while Biden as a lifelong Trans-Atlantic advocate already shares some strong links to various key figures across the connent such as German chancellor Angela Merkel, and therefore is considered to be possibly the best thing aside from an actual European in the white house. This presence means that in terms of being able to nego ate and do deals, there will be a mindset shi from the current hos lity into something that
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is respec ul and will allow for a perfect environment to repair, renew and redefine the business rela onship and specifically the Trans-Atlanc agreement for years to come, provided that Europe actually want this to happen. When you consider the state of the global economy where the world is crushed by the constant fear due to the current coronavirus pandemic, the subsequent environmental destrucon and the fact that Donald Trump has almost single-handedly encouraged the reinvigora on of authoritarianism, there is no doubt that in order to preserve their future then they will have no choice but to work with any new American government.