Link copied Rishi Sunak says UK economy is ‘better’ than international peers Sign up to receive our rundown of the day's top stories direct to your inbox SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. US President Joe Biden is already preparing to make his mark on the White House by introducing the first major tax hike the country has seen since the Nineties. Earlier this month, he also promised to “protect the United States’ economic future and once more have America lead the world”, suggesting a return to multilateral deals. However, it remains to be seen how he will approach the World Trade Organisation (WTO), which handles the global rules of trade between countries — especially as his predecessor Donald Trump intended to upend the institution.