US president Joe Biden has announced that a tentative deal has been reached to avert a rail strike that threatened to disrupt supply chains and inflict serious damage to the economy as early as Friday.
The agreement came after months of negotiations involving America’s largest rail companies and the unions, which became increasingly intense in the past few days.
Top Biden administration officials stepped in to mediate the talks, including Marty Walsh, the labour secretary, Pete Buttigieg, the transportation secretary, and Brian Deese, director of the National Economic Council.
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