Largest U.S. Business Lobby Sees Biden Rekindling Ties With Europe

The largest U.S. business-lobbying group is optimistic that President Joe Biden’s goal of reaffirming ties with traditional American allies can translate into advances on trade cooperation with the U.K. and the rest of Europe.

Ensuring Covid-19 relief and recovery, addressing economic threats from China and tackling climate change represent shared objectives and opportunities for the U.S. and Europe, according to the U.S. Chamber of Commerce. It also urged the European Commission to soften last week’s decision to restrict exports of vaccinations, warning that it could cause copycat restrictions on the shipment of critical inputs from other countries and regions.