Rishi Sunak and Joe Biden have countered China’s growing influence by unveiling a new partnership.
The Atlantic Declaration was unveiled by the Prime Minister and the US President after talks in the White House.
The Prime Minister said: “The UK and US have always pushed the boundaries of what two countries can achieve together.
“Over generations we have fought alongside one another, shared intelligence we don’t share with anyone else, and built the strongest investment relationship in world history.
Joe Biden suffered a blunder during an earlier meeting with the Prime Minister
Reuters“So it’s natural that, when faced with the greatest transformation in our economies since the industrial revolution, we would look to each other to build a stronger economic future together.
“The Atlantic Declaration sets a new standard for economic co-operation, propelling our economies into the future so we can protect our people, create jobs and grow our economies together.”
Biden’s Inflation Reduction Act caused issues which the new deal is set to address with proposals for a critical minerals agreement to remove barriers which affected trade in electric vehicle batteries.
It comes after an earlier meeting between the PM and the President where the latter suffered a gaffe to add to his long list of public blunders.
Opening talks with the Prime Minister, Biden referred to him as “Mr President”.
Sunak laughed off the comment, and Biden was quick to correct himself as reporters watched on.