After weeks of intense diplomacy, we have reached a deal on a set of high-level principles that resets U.S.-EU engagement in the large civil aircraft industry. How this affects US workers:👇
@POTUS routinely says we are strongest when we work with our friends and allies. Our partnership with @VDombrovskis shows us just that. 👇
The airspace sector employs over 500,000 people directly, and over 700,000 in jobs related to the industry. Boeing alone purchases over a billion parts from 10,000 American businesses. Supporting Boeing means supporting good-paying jobs and a strong supply chain here at home. 👇
Finally, the agreement includes a commitment for concrete, joint collaboration to confront the threat from China’s non-market practices which are a threat to workers, and it creates a model we can build on for other challenges.
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Today I am speaking at @amprog to talk about the importance of using trade policy to address one of the biggest challenges we face: climate change.
President Biden has taken immediate action to restore American leadership on this crucial issue. He immediately rejoined the Paris Agreement and signed a sweeping executive order to begin tackling the climate crisis.
The historic investments in the American Rescue Plan are already helping to stabilize the economy and bring the pandemic to an end. The American Jobs Plan is the next step in our effort to reimagine and rebuild a new economy.