Afternoon Coffee: Shutdown to End with Short-Term Deal; Business Leaders Wary of Worse U.S.-China Trade War

On Friday, the 35th day of the partial government shutdown, President Donald Trump said in a Rose Garden announcement that a short-term deal will reopen the government, setting the stage for federal workers to get paid and for more talks about funding a border wall with Mexico, the Associated Press reports.

The deal would fund the government through Feb. 15, Trump said.

Earlier Friday, the FAA altered flight operations citing workers calling in sick, and airports in New York (La Guardia), Newark and Philadelphia experienced delays, CNBC reports.

The shutdown has left air traffic controllers, TSA workers and others at airports working during the shutdown, some without pay.

"We have experienced a slight increase in sick leave at two facilities," an FAA spokesman said Friday, CNBC reports. "We've mitigated the impact by augmenting staffing, rerouting traffic and increasing spacing between aircraft when needed. The results have been minimal impacts to efficiency while maintaining consistent levels of safety in the national airspace system."

Trade War Fallout

Business leaders in Davos, Switzerland, for the World Economic Forum say the trade dispute between the U.S. and China has added a concerning level of uncertainty, The Wall Street Journal reports. Many executives hope for a deal soon and say there’s still plenty of opportunity in the Asian country if an agreement can be reached.

Brad Smith, Microsoft Corp.’s president and chief legal officer, told the Journal that U.S. export controls on which goods can go to China could stymie the development of new technologies such as quantum computing and artificial intelligence. “We’d like to have broader access to the Chinese market. But that’s not going to be possible if there are second thoughts on the part of American policymakers,” he said.

Forced Labor, Human Trafficking

The U.S. Chamber of Commerce relaunched its Task Force to Eradicate Human Trafficking and has released a document to help businesses identify trafficking, Supply Chain Dive reports. At the Chamber event, companies gave updates about their efforts to fight forced labor and human trafficking.

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