Earlier this week I was talking to a senior French official about U.S. President Joe Biden’s upcoming trip to Europe for meetings of the G-7, NATO, and the European Union. It’s true, he said, that Biden had created a very favorable atmosphere by virtue of his progressive agenda, his COVID-19 recovery plan, America’s high vaccination rate, and especially the recent agreement to establish a global corporate minimum tax, which the French have long advocated. Nevertheless, he said, there remain “things he hasn’t done or hasn’t undone.”
