GLOBAL ECONOMY

Supply chain problems show signs of easing

Global supply chain woes are beginning to recede, but shipping, manufacturing and retail executives say that they don’t expect a return to more normal operations until next year and that cargo will continue to be delayed if Covid-19 outbreaks disrupt key distribution hubs.

Biden presses China to fulfill Trump Phase 1 deal

President Biden pressed Chinese President Xi Jinping to fulfill his predecessor’s phase one trade deal, during a virtual meeting between the two leaders on Monday evening, senior officials said.