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vineri, 18 iunie 2021 - 12:46

Biden embarks on 8-day Europe trip with G7 summit as his first stop

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U.S. President Joe Biden departs for Britain on Wednesday on his first trip abroad since taking office, an eight-day mission to rebuild trans-Atlantic ties strained during the Trump era and to reframe relations with Russia, according to Reuters. 

The trip represents a test of the Democratic president’s ability to manage and repair relationships with major allies who grew disenchanted with then-President Donald Trump’s trade tariffs and withdrawal from international treaties.

Biden spoke to reporters on the tarmac as he left for Europe and said his goals were “strengthening the alliance, making it clear to Putin and to China that Europe and the United States are tight.

His summit with Russian President Vladimir Putin on June 16 in Geneva is the capstone of the trip, an opportunity to raise U.S. concerns directly with Putin about ransomware attacks emanating from Russia, Moscow’s aggression against Ukraine and a host of other issues.

Biden will make his first stop at the seaside village of St. Ives in Cornwall where he will participate in the G7 summit. The meeting is expected to be focused on vaccine diplomacy, trade, climate and an initiative for rebuilding infrastructure in the developing world. U.S. officials see that effort as a way to counter China’s growing influence.

Biden’s push for a global minimum tax on multinational corporations faces opposition at home. G7 finance ministers agreed before the summit to pursue a global minimum tax rate of at least 15% and to allow market countries to tax up to 20% of the excess profits – above a 10% margin – generated by about 100 large, high-profit companies.

Republicans came out against the plan this week, potentially complicating the U.S. ability to implement a broader global agreement.