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SAN FRANCISCO, Nov 14, 2023 (AFP) – President Joe Biden’s administration signaled Monday it would postpone a draft of an Asia trade pact that had been set to be unveiled at a summit in San Francisco, after facing domestic criticism. Biden, welcoming 20 other members of the Asia-Pacific Economic Cooperation (APEC) forum to San Francisco where he will meet on the sidelines with Chinese President Xi Jinping, had been expected to announce substantial progress on […]
LOS ANGELES, United States (AFP) — The United States began a series of meetings with ministers from the Asia-Pacific in Los Angeles on Thursday at an economic summit aimed at countering China’s growing influence in the region. The two-day event is the first face-to-face meeting between members of the new Indo-Pacific Economic Prosperity Framework (IPEF), an initiative launched in May by US President Joe Biden. With this new trade partnership, the Biden administration hopes to […]
https://youtu.be/9bx5onRYzx0 US President Joe Biden launched a new Asia-Pacific trade initiative Monday in Tokyo, with 13 countries including India and Japan signed up. Biden formally unveiled the Indo-Pacific Economic Framework for Prosperity, or IPEF, on his second day in Japan, where he held talks with Prime Minister Fumio Kishida ahead of a regional Quad summit on Tuesday. Unlike traditional trade blocs, there is no plan for IPEF members to negotiate tariffs and ease market […]
