US-led Indo Pacific Economic Framework's Trade Pillar Faces Scrutiny and Withdrawal by the US
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#ed88bc74 ver:0.25

The US-led Indo Pacific Economic Framework's trade pillar is facing scrutiny and withdrawal by the US. The framework, aimed at countering China's economic influence, has been criticized for being complicated and including unrelated provisions. The US Trade Representative referred to it as a 'new model for trade agreements,' but it lacks tariff relief and trade barrier elimination. Advocates suggest focusing solely on trade or negotiating smaller bilateral agreements with China's neighbors. Trade is crucial in countering China's influence. #IPEF #trade #China...

#newstr #UsledIndoPacificEconomicFramework #TradePillar #JoeBiden #TariffRelief #TradeBarriers #Usmca #FreeTrade #JobLosses #WageStagnation #Inequality #ExploitativePractices #LiberalizedTrade #UsManufacturers #LowermiddleIncomeIpefMembers #BilateralAgreements #China'sNeighbors #AmericanForeignPolicy #China'sEconomicInfluence 

 https://here.news/story/ed88bc74?ver=0.25