May 06 2021, 1:23 PM
May 06 2021, 12:27 AM
May 06 2021, 1:23 PM
(Bloomberg) U.S. support for a waiver of intellectual-property protections for Covid-19 vaccines heads to the World Trade Organization for potentially thorny talks over sharing the proprietary know-how needed to boost global supplies of the life-saving shots.
(Bloomberg) U.S. support for a waiver of intellectual-property protections for Covid-19 vaccines heads to the World Trade Organization for potentially thorny talks over sharing the proprietary know-how needed to boost global supplies of the life-saving shots.
âIn terms of how soon the WTO can deliver that literally depends on the WTO members, collectively, being able to deliver,â U.S. Trade Representative Katherine Tai said in an interview Wednesday. âI am the first one to admit that what we are leaning into is a process that is not going to be easy.â
The U.S. will support a proposal to waive intellectual-property protections for Covid-19 vaccines, joining an effort to increase global supply and access to the life-saving shots as the gap between rich and poor nations widens.
“We are for the waiver at the WTO, we are for what the proponents of the waiver are trying to accomplish, which is better access, more manufacturing capability, more shots in arms,” U.S. Trade Representative Katherine Tai said in an interview on Wednesday.
The Biden administration will now actively take part in negotiations for the text of the waiver at the World Trade Organization and encourage other countries to back it, US Trade Representative Katherine Tai said [File: Getty Images]The Biden administration will now actively take part in negotiations for the text of the waiver at the World Trade Organization and encourage other countries to back it, Tai said.
Fourth Stimulus Check? Millions Are Still Looking for the Last Stimulus Payout
If you have not received payments yet in May, it might be necessary to request a payment trace.
Following the announcement of a third round of stimulus payments in March, most eligible American families have received their payments. If you are on Social Security and part of the SSDI or SSI programs, your third stimulus check will likely have arrived by now.
The stimulus has already been deposited in most Americans’ bank accounts via direct deposit, or added to their Direct Express cards, and as of April 9
th, checks were also on their way. Workers from select industries, such as railroad workers, as well as people receiving VA benefits, should also begin to receive additional payments, as the IRS has stated that it began to send out money on April 14
President Joe Biden’s $4 trillion vision of remaking the federal government’s role in the U.S. economy is now in the hands of Congress, where both parties see a higher chance of at least some compromise than for the administration’s pandemic-relief bill.