New York CNN —
President Joe Biden praised the United Auto Workers and Daimler Truck for reaching a tentative in the eleventh hour Friday night, preventing a potential strike affecting 7,300 workers.
“This agreement is a testament to the power of collective bargaining and shows that we can build a clean energy economy with strong, middle-class union jobs,” Biden said in a statement Sunday.
The “record contract” includes raises of more than 25% over the next four years, inflation protections like cost-of-living considerations, and the first profit-sharing deal in Daimler history, UAW President Shawn Fain said
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