The daily business briefing: February 28, 2023

Biden administration cracks down on child-labor violations, U.K. and EU reach post-Brexit deal on Northern Ireland, and more

Biden walks to the Oval Office
(Image credit: Demetrius Freeman/The Washington Post via Getty Images)

1. U.K., EU reach 'decisive' post-Brexit deal on Northern Ireland

Britain and the European Union reached a deal Monday ending their dispute over post-Brexit trade rules for Northern Ireland. British Prime Minister Rishi Sunak said during a press conference with European Commission President Ursula von der Leyen that the agreement marked a "decisive" breakthrough that offered a "long-lasting" solution to a key sticking point in Britain's divorce deal with the European trading bloc. The agreement, known as the Windsor Framework, will result in "smooth flowing trade" within the United Kingdom that "safeguards" Northern Ireland's rights, Sunak said. Von der Leyen said the deal showed that the EU and U.K. remain "close partners." Sunak has promised lawmakers a vote on the plan, which some in his ruling Conservative Party have yet to endorse.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.