U.S. Election: The Transatlantic relationship is vital for Europe and the United States

6 November 2024 - BusinessEurope President Fredrik Persson has congratulated Donald Trump on his election as President of the United States, underscoring the importance of a strong Transatlantic partnership. He said:

"The U.S. Election is an opportunity to highlight the vital role European companies play in the U.S. economy, with EU investment in the U.S. totalling $2.4 trillion and our companies supporting over 3.4 million American jobs. Indeed, the EU and the U.S. have the largest and most integrated economic partnership in the world.

Beyond economic ties, we share a commitment to upholding democracy and the rule of law, as well as having common views on addressing geopolitical challenges. The Transatlantic partnership must be strengthened and safeguarded through open dialogue and a forward-looking agenda for cooperation.

BusinessEurope is ready to engage with the new U.S. Administration and work on concrete solutions that can drive economic growth, investment, and jobs on both sides of the Atlantic."