What is the purpose of the "Atlantic declaration" unveiled by Joe Biden and Rishi Sunak?

US President Joe Biden and UK Prime Minister Rishi Sunak agreed an “Atlantic declaration” to strengthen economic ties between the US and The UK, in a further sign of the allies turning their back on globalisation and trying to cut China out of supply chains. The declaration aims to increase US-UK trade in areas such as defence, nuclear materials and the critical minerals used in electric-car batteries, as Biden tries to build “economic security” among western allies. About USA Capital: Washington, D.C.                     Currency: U.S. dollar         President: Joe Biden