Transatlantic relations between the US and the EU in the second and third decades of the 21st century - main challenges

Historically, the development of new technologies has led to higher increase in productivity in Europe and the US compared to the rest of the world. This resulted in economic asymmetry in the global economy, which ultimately led to the geopolitical domination of Europe and the USA over Africa and Asia (Findlay, O'Rourke, 2007, p. 364). With the adoption of the Lisbon Treaty, the European Union has taken a step towards playing a significant role in trade, environment and social issues (Van Langenhove Rudloff Morcos 2021 ). It resulted in deterioration of relations between Paris and the US to such an extent that they were close to breaking. At the same time, at the beginning of the third decade of the 21st century, transatlantic relations sought stabilization. President Biden's administration has reaffirmed its commitment to alliances with European countries. In addition, the US returned to the Paris Agreement (United States Department of State, 2021) and rejoined the World Health Organization (WHO) (Keaten, 2021).