Brussels and Washington agreed to end a 17-year-long dispute over aircraft subsidies, but tariffs on steel and aluminum remain unsettled.
"China doesn't share our values," said Raimondo. "So we, together with Europe, need to write the rules of the road."
The US and Russia acknowledge the relationship between the two nations is dismal ahead of the two presidents' meeting.
The trade dispute skyrocketed under the Trump administration and saw tit-for-tat duties slapped on a range of companies that have nothing to do with aircraft production
The alliance's secretary-general said on Monday that NATO is concerned by Beijing's rapidly expanding nuclear arsenal.
Biden on Sunday praised agreements to combat COVID-19, face climate change and on corporate global tax
Brussels is welcoming the U.S. President on Monday at the NATO Summit. Joe Biden is expected to reassure the continent that Europe is a key ally.
The meeting will be their first since Biden was elected last November and comes at a time of strained relations between the United States and Russia.
Joe Biden warned Moscow that it faced "robust and meaningful" consequences if it engaged "in harmful activities."
Biden first travels to Britain to attend the G7 summit and then Brussels for a NATO summit. He will cap off his week with a meeting with Russian President Vladimir Putin in Geneva.
The US President said he had "come to fill the silence" about one of the nation’s darkest — and long suppressed — moments of racial violence.