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Sen. Shelley Moore Capito spoke about the Republican counteroffer to President Biden’s infrastructure plan last week at the Capitol in Washington.Credit.J. Scott Applewhite/Associated Press President Biden told the lead Republican negotiator on an infrastructure package on Wednesday that her party must embrace $1 trillion in new spending as part of any bipartisan deal, highlighting the wide gulf that remains between the two parties as talks on a potential compromise reach a critical stage. The figure that Mr. Biden gave Senator Shelley Moore Capito of West Virginia at their meeting represents nearly three times the $257 billion in new spending that Republicans included in their latest infrastructure counteroffer. The president also refused to budge from his proposal to finance the plan by increasing taxes for wealthy corporations, according to a person familiar with the discussion who disclosed details on condition of anonymity. ....
President Joe Biden arrived to speak at the Eisenhower Executive Office Building in Washington on Wednesday.Credit.Oliver Contreras for The New York Times President Biden issued a new executive order on Thursday barring Americans from investing in Chinese firms linked to the country’s military or engaged in selling surveillance technology both inside and outside of China used to repress dissent or religious minorities. The new order, which initially lists 59 Chinese firms, substantially expands an order issued in November by President Donald J. Trump. By rewriting that earlier order to include firms engaged in making and deploying the surveillance technology used against Muslim minorities like the Uigurs and dissidents in Hong Kong and in the Chinese diaspora around the globe it intensifies a commercial and ideological battle between Beijing and Washington, one that Mr. Biden has termed the struggle between “autocracy and democracy.” ....