In the week of February 1, 2021, here are key developments in transatlantic trade:

  • The EU’s COVID-19 vaccine export control mechanism is unable to escape ongoing criticism and a proposal was raised that would invoke Article 16 of the Northern Ireland Protocol, increasing UK-EU tension
  • Lawmakers in the US attempt to move the “American Rescue Plan”; the Biden Administration mandates masks on public transportation nationwide and moves to approve another COVID vaccine
  • On foreign policy, Biden Administration takes steps to reassert global leadership, via alliances; the EU and US raise sanctions possibilities while condemning military coup in Myanmar and malign activities in Russia, including imprisonment of Alexei Navalny

Continue reading the full report here.

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