Biden Announces New Economic Agreement With the U.K.

“Today, we’re releasing a new plan to equip our economic partnership for the 21st century. It outlines how we can enhance our cooperation to accelerate the clean energy transition that must take place, and is taking place, lead the development of emerging technologies that are going to shape so much of our future and protect technologies critical to our national security. And a key piece of that is working together to strengthen our critical minerals supply chains and to make them more resilient. So we’re not dependent on any one country to meet our goals.” “This week alone, 14 billion pounds of new American investment has been committed into the U.K., creating thousands of jobs. It means stronger supply chains with a new action plan on clean energy, and it means reducing trade barriers in the technologies of the future, with a new secure U.K.-U.S. data bridge, helping tens of thousands of small businesses.”