China Continues to Win Trade Contest
Washington’s misguided policies bear much of the blame
The imprudence of former President Donald Trump’s 2017 decision to opt out of the 12-nation Trans-Pacific Partnership trade pact– and the subsequent decision by President Joe Biden not to return to it – is showing up yet again in the dismal performance of the Indo-Pacific Economic Framework for Prosperity (IPEF), which Washington launched in 2022 to try…
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