The transatlantic relationship is shaped by shared values and shared goals. The occasionally different assessments and evaluations across all political fields between the White House, Congress as well as the European capitals, show that the relationship is not purely plain sailing despite its "strategic importance". On 6 November, 2012 the American people will have voted for the 57th time on who will occupy the highest office in the country. In the course of this conference we will discuss the implications the election of the new or the re-election of the old President of the United States will have for the economic, trade, foreign and security policy aspects of the transatlantic relationship.