Biden Administration Expects a Deal Between UAW and US Automakers
- Deputy Treasury Secretary Adeyemo made comments on CNBC
- Union has threatened a strike against big three carmakers
The Biden administration has deployed top officials to help facilitate the talks.
Photographer: Jeff Kowalsky/Bloomberg
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The Biden administration is expecting a deal between the United Auto Workers union and automakers, and has deployed top officials to help facilitate the talks, according to Deputy Treasury Secretary Wally Adeyemo.
“What I know is that the UAW is in active conversations with the three auto companies. Our expectation is that they are going to get to a deal,” Adeyemo said on CNBC’s “Squawk Box” on Monday. “That’s where the president is.”