NY Times - Biden Administration Announces Indo-Pacific Deal, Clashing With Industry Groups
Bloomberg News - White House, Republicans Reach Deal to Avert Historic US Default
President, speaker must now get framework through Congress; Deal will calm markets that began to brace for possible breach
NY Times - White House and G.O.P. Strike Debt Limit Deal to Avert Default
With the government on track to reach its borrowing limit within days, negotiators sealed an agreement to raise the debt ceiling for two years while cutting and capping certain federal programs.
The Biden administration announced Saturday that it had reached an agreement with 13 other countries in the Indo-Pacific region to coordinate supply chains, in an effort to lessen the countries’ dependence on China for critical products and allow them to better weather crises like wars, pandemics and climate change.
The supply chain agreement is the first result of the administration’s trade initiative in the region, called the Indo-Pacific Economic Framework. Negotiations are continuing for the other three pillars of the agreement, which focus on facilitating trade and improving conditions for workers, expanding the use of clean energy, and reforming tax structures and fighting corruption.
Bloomberg News - White House, Republicans Reach Deal to Avert Historic US Default
President, speaker must now get framework through Congress; Deal will calm markets that began to brace for possible breach
NY Times - White House and G.O.P. Strike Debt Limit Deal to Avert Default
With the government on track to reach its borrowing limit within days, negotiators sealed an agreement to raise the debt ceiling for two years while cutting and capping certain federal programs.