In 2021, the United States and the nations of Europe will face challenges that threaten their way of life: a catastrophic pandemic, a deep economic recession, accelerating climate change, a rising China, growing technological competition, and emerging security threats. These challenges test our ability to deliver on our promise to safeguard and enhance the lives of our people. They confront the transatlantic community at a time when many citizens on both sides of the Atlantic continue to question whether their governments are able to deliver for them. These are issues that transcend national borders. They cannot be successfully dealt with alone. They can only be resolved through concerted, cooperative international action.