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Asia Sentinel
China Continues to Win Trade Contest
Business/Economy

China Continues to Win Trade Contest

Washington’s misguided policies bear much of the blame

John Berthelsen's avatar
John Berthelsen
Nov 02, 2023
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Asia Sentinel
Asia Sentinel
China Continues to Win Trade Contest
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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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