The UK's Chancellor of the Exchequer Rishi Sunak and US President Joe Biden have signed an "Atlantic Declaration" aimed at boosting economic security against threats from Russia and China. The deal includes mini deals on artificial intelligence, Critical Minerals, clean energy, and security. The two sides will undertake joint research in areas such as quantum, semiconductors, and AI. The UK and US will also start talks on an agreement that would allow electric vehicle minerals mined in the UK to receive tax benefits under Biden's Inflation Reduction Act.
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