President Joe Biden is addressing contract negotiations between the United Auto Workers (UAW) and the Detroit Three automakers
Strikes initiated by the UAW at three factories are among the most significant labor actions in the US in decades
The White House announced Biden's plan to address the UAW contract negotiations following the strikes
The specific time of Biden's remarks has not been provided yet
Strikes began at General Motors, Ford, and Stellantis-owned Chrysler factories
President Biden, despite earlier predictions, engaged with union and automaker leaders
The White House economic adviser urged both sides to work tirelessly to avert a strike
Discussions are ongoing about emergency assistance for smaller businesses supplying components to US auto manufacturers
President Biden's support for unions during labor disputes is consistent with his administration's behind-the-scenes efforts to prevent costly work stoppages