EXPLAINER: What’s in Biden’s proposed new Asia trade pact?
2 years, 7 months ago

EXPLAINER: What’s in Biden’s proposed new Asia trade pact?

Associated Press  

TOKYO — President Joe Biden faced a dilemma on trade in Asia: He couldn’t just rejoin the Trans-Pacific Partnership that his predecessor had pulled the U.S. out of in 2017. We’ll do that by taking on some of the most acute challenges that drag down growth.” White House national security adviser Jake Sullivan said IPEF is “focused around the further integration of Indo-Pacific economies, setting of standards and rules, particularly in new areas like the digital economy, and also trying to ensure that there are secure and resilient supply chains.” The idea that new standards for world trade are needed isn’t just about discontent among U.S. voters. This would likely include efforts to shield U.S. workers from job losses as China’s entrance into the World Trade Organization in 2001 led to severe manufacturing layoffs. White House national security adviser Jake Sullivan said Sunday that any trade talks with Taiwan would be done one to one.

China White House Taiwan Biden Job Losses Ipef Trade Talks  whats  pact  trade  talks  taiwan  supply  economy  countries  proposed  biden  ipef  explainer  voters  president  bidens  asia

History of this topic

The State – and Fate – of America’s Indo-Pacific Alliances
1 month ago

The State – and Fate – of America’s Indo-Pacific Alliances

The Diplomat  

The United States’ Indo-Pacific security allies – Australia, Japan, the Philippines, South Korea, and Thailand – have a major stake in the outcome of the U.S. presidential election. During Trump’s first term in office, in 2019 he and his team published the Indo-Pacific Strategy, which sought to maintain a “free and open” region primarily through strengthening alliances and partnerships to …

Joint effort urged to meet challenges facing Asia-Pacific
Top News
1 month, 1 week ago

Joint effort urged to meet challenges facing Asia-Pacific

China Daily  

President Xi Jinping and other leaders and representatives from APEC member economies for the 31st APEC Economic Leaders' Meeting pose for a group photo at the Lima Convention Center in Lima, Peru, Nov 16, 2024. Addressing the 31st APEC Economic Leaders' Meeting, Xi called on Asia-Pacific countries to act in solidarity and cooperation to meet the challenges facing Asia-Pacific cooperation, …

Joint effort urged to meet challenges facing Asia-Pacific
Top News
1 month, 1 week ago

Joint effort urged to meet challenges facing Asia-Pacific

China Daily  

President Xi Jinping and other leaders and representatives from APEC member economies for the 31st APEC Economic Leaders' Meeting pose for a group photo at the Lima Convention Center in Lima, Peru, Nov 16, 2024. Addressing the 31st APEC Economic Leaders' Meeting, Xi called on Asia-Pacific countries to act in solidarity and cooperation to meet the challenges facing Asia-Pacific cooperation, …

Joint effort urged to meet challenges facing Asia-Pacific
Top News
1 month, 1 week ago

Joint effort urged to meet challenges facing Asia-Pacific

China Daily  

President Xi Jinping and other leaders and representatives from APEC member economies for the 31st APEC Economic Leaders' Meeting pose for a group photo at the Lima Convention Center in Lima, Peru, Nov 16, 2024. Addressing the 31st APEC Economic Leaders' Meeting, Xi called on Asia-Pacific countries to act in solidarity and cooperation to meet the challenges facing Asia-Pacific cooperation, …

Joint effort urged to meet challenges facing Asia-Pacific
1 month, 1 week ago

Joint effort urged to meet challenges facing Asia-Pacific

China Daily  

President Xi Jinping and other leaders and representatives from APEC member economies for the 31st APEC Economic Leaders' Meeting pose for a group photo at the Lima Convention Center in Lima, Peru, Nov 16, 2024. Addressing the 31st APEC Economic Leaders' Meeting, Xi called on Asia-Pacific countries to act in solidarity and cooperation to meet the challenges facing Asia-Pacific cooperation, …

Biden set for final meet with China's Xi in Peru as Trump's tariff threat looms
1 month, 1 week ago

Biden set for final meet with China's Xi in Peru as Trump's tariff threat looms

India Today  

Joe Biden meets Chinese President Xi Jinping for the last time as US President on Saturday, but the leaders' goal of lowering tensions before Donald Trump's inauguration is challenged by fresh conflicts over cybercrime, trade, Taiwan and Russia. Biden and Xi will huddle on the sidelines of the Asia-Pacific Economic Cooperation forum in Lima, Peru - for their first talks …

China is bracing for fresh tensions with Trump over trade, tech and Taiwan
1 month, 2 weeks ago

China is bracing for fresh tensions with Trump over trade, tech and Taiwan

Associated Press  

TAIPEI, Taiwan — The first time China faced Donald Trump in the White House, there was a trade war, a breach of protocol involving Taiwan’s former leader, and a president-to-president bromance that turned sour. A new tariff war looms Perhaps the biggest consequence for China — if Trump stays true to his campaign promises — is his threat to slap …

China pledges to work with the USA under Donald Trump - but more rivalry is expected after he threatened to launch a trade war with Beijing
1 month, 2 weeks ago

China pledges to work with the USA under Donald Trump - but more rivalry is expected after he threatened to launch a trade war with Beijing

Daily Mail  

China pledged to work with the US on the basis of mutual respect today as Donald Trump closed in on victory in the presidential election. Trump has threatened to impose harsh tariffs on Chinese imports Xi Jinping reportedly called Trump to congratulate him Donald Trump attends a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in …

Chance of a new beginning for world's most important bilateral relationship: China Daily editorial
1 month, 2 weeks ago

Chance of a new beginning for world's most important bilateral relationship: China Daily editorial

China Daily  

Republican Donald Trump won the US presidential election on Wednesday to become the country's 47th president after winning more than 270 electoral votes that are needed to enter the White House. China insists that the principle of "mutual respect, peaceful coexistence, and win-win cooperation" is the guarantee for the smooth development of Sino-US relations and therefore, must be the direction …

Shaking the foundations
3 months, 1 week ago

Shaking the foundations

China Daily  

SONG CHEN/CHINA DAILY Japan's changing position on the Taiwan question bodes ill for regional peace and stability Recently, some Japanese senior official expressed views that deviate from its stance on Taiwan question since 1972 on many occasions. In 1972, when China and Japan established diplomatic relations, Japan made a solemn commitment in the joint communique: "The government of Japan recognizes …

Asia on Edge: What MAGA Think Tanks Reveal About a Trump 2.0 Presidency
5 months, 2 weeks ago

Asia on Edge: What MAGA Think Tanks Reveal About a Trump 2.0 Presidency

The Diplomat  

The United States is in the middle of campaign season for an election whose outcome could very well significantly alter Washington’s diplomatic, security, and economic orientation vis-à-vis Asia. Neither is it likely that Trump would be able or willing to revise what the Lowy Institute’s Sam Roggeveen called the “absolute decline in American resolve.” Trade While the changes in U.S. …

Island authorities' WTO plan criticized
6 months, 1 week ago

Island authorities' WTO plan criticized

China Daily  

A Chinese mainland spokesman slammed the Taiwan authorities led by Lai Ching-te on Wednesday for an attempt to internationalize the Taiwan question by trying to discuss issues concerning a cross-Strait economic agreement through the World Trade Organization. Chen made the remarks at a news conference in response to a media query regarding reports that Taiwan's mainland affairs council expected to …

More talk than substance in Japan joining AUKUS
7 months, 3 weeks ago

More talk than substance in Japan joining AUKUS

China Daily  

FILE PHOTO: US President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak deliver remarks on the AUKUS partnership at Naval Base Point Loma in San Diego, California US March 13, 2023. However, many analysts both in and outside the three member nations have raised questions about Japan joining AUKUS, which has a strong "Anglophone" character. …

More talk than substance in Japan joining AUKUS
7 months, 3 weeks ago

More talk than substance in Japan joining AUKUS

China Daily  

FILE PHOTO: US President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak deliver remarks on the AUKUS partnership at Naval Base Point Loma in San Diego, California US March 13, 2023. However, many analysts both in and outside the three member nations have raised questions about Japan joining AUKUS, which has a strong "Anglophone" character. …

Work in progress
8 months, 1 week ago

Work in progress

China Daily  

MA XUEJING / CHINA DAILY Whether China and the US can act on the San Francisco Vision is a test for the political wisdom of both sides President Xi Jinping spoke with United States President Joe Biden on the phone on April 2,during which the two presidents had a candid and in-depth exchange of views on China-US relations and issues …

Work in progress
8 months, 1 week ago

Work in progress

China Daily  

MA XUEJING / CHINA DAILY Whether China and the US can act on the San Francisco Vision is a test for the political wisdom of both sides President Xi Jinping spoke with United States President Joe Biden on the phone on April 2,during which the two presidents had a candid and in-depth exchange of views on China-US relations and issues …

Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular leader talks
8 months, 3 weeks ago

Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular leader talks

The Hindu  

U.S. President Joe Biden and Chinese President Xi Jinping discussed Taiwan, artificial intelligence and security issues on Tuesday in a call meant to demonstrate a return to regular leader-to-leader dialogue between the two powers. Mr. Biden reaffirmed the United States’ longstanding “One China” policy and reiterated that the U.S. opposes any coercive means to bring Taiwan under Beijing’s control. Mr. …

Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular leader talks
8 months, 3 weeks ago

Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular leader talks

Associated Press  

WASHINGTON — President Joe Biden and Chinese President Xi Jinping discussed Taiwan, artificial intelligence and security issues Tuesday in a call meant to demonstrate a return to regular leader-to-leader dialogue between the two powers. Biden reaffirmed the United States’ longstanding “One China” policy and reiterated that the U.S. opposes any coercive means to bring Taiwan under Beijing’s control. As the …

Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular talks
8 months, 3 weeks ago

Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular talks

LA Times  

A phone conversation between President Biden and China’s President President Xi Jinping on Tuesday was the the leaders’ first discussion since their November summit, seen above, in Woodside, Calif. President Biden and Chinese President Xi Jinping discussed Taiwan, artificial intelligence and security issues Tuesday in a call meant to demonstrate a return to regular leader-to-leader dialogue between the two powers. …

US Congress members praise Taiwan’s democracy in a visit that’s certain to draw China’s scrutiny
10 months ago

US Congress members praise Taiwan’s democracy in a visit that’s certain to draw China’s scrutiny

Associated Press  

TAIPEI, Taiwan — A group of United States Congress members met with Taiwan’s president Thursday in a show of bipartisan support that is certain to draw scrutiny from China, which opposes such visits and sees them as a challenge to its claim of sovereignty over the self-governing island. Two years ago, a visit by then-House Speaker Nancy Pelosi to Taiwan …

Biden administration's restrictive trade initiative fails to gain traction in Asia-Pacific: China Daily editorial
10 months, 2 weeks ago

Biden administration's restrictive trade initiative fails to gain traction in Asia-Pacific: China Daily editorial

China Daily  

Reports that talk over the "Indo-Pacific" Economic Framework for Prosperity have stalled suggest the United States' efforts to use the new economic agreement among 14 Asia-Pacific countries to counter China on the economic front in the region have basically failed. Launched by Washington in May 2022, the Joe Biden administration's first major trade and economic initiative came with much fanfare …

A new stage for positive measurable action
1 year, 1 month ago

A new stage for positive measurable action

China Daily  

SHI YU/CHINA DAILY The recent meeting between US President Joe Biden and Chinese President Xi Jinping, before the Asia-Pacific Economic Cooperation Economic Leaders' Meeting in San Francisco, provides a strong basis for action by the parties. During their hours of discussion, Biden and Xi addressed key issues, including cooperation on trade, agriculture, climate change, artificial intelligence, the flow of illegal …

China’s Ploy Exposed: How India-Taiwan’s Jobs Pact Will Usher New Era of Economic Cooperation
1 year, 1 month ago

China’s Ploy Exposed: How India-Taiwan’s Jobs Pact Will Usher New Era of Economic Cooperation

News 18  

Despite China’s attempts to derail the project, India and Taiwan are all set to sign a jobs agreement as early as December to ink $790 billion economy of the island nation. But, according to experts, who spoke to News18, despite China’s attempts, India and Taiwan are raising the stakes against Beijing with increased economic cooperation. “If more foreign nationals from …

Taiwan envoy says he’s hopeful Biden-Xi meeting will reduce tensions in the Asia-Pacific region
1 year, 1 month ago

Taiwan envoy says he’s hopeful Biden-Xi meeting will reduce tensions in the Asia-Pacific region

Associated Press  

SAN FRANCISCO — The 92-year-old businessman who represented Taiwan at this week’s summit of Asia-Pacific leaders in San Francisco expressed hope Friday that the meeting between U.S. President Joe Biden and China’s Xi Jinping should help to reduce tensions between the two superpowers and in the region. “It should help reduce the tensions between the U.S. and China, and it …

Biden promises a better economic relationship with Asia, but he’s specifically avoiding a trade deal
1 year, 1 month ago

Biden promises a better economic relationship with Asia, but he’s specifically avoiding a trade deal

Associated Press  

WASHINGTON — President Joe Biden is nurturing economic ties this week with Asia, but he is not signing any trade deals at a regional summit in San Francisco. “It’s a framework because the administration wanted to have something it could do by executive agreement,” said Robert Holleyman, a former deputy U.S. trade representative. Many U.S. voters have negative opinions about …

Biden tells Asia-Pacific leaders US ‘not going anywhere’ as he looks to build economic ties
1 year, 1 month ago

Biden tells Asia-Pacific leaders US ‘not going anywhere’ as he looks to build economic ties

Associated Press  

SAN FRANCISCO — President Joe Biden on Thursday made America’s case to national leaders and CEOs attending the Asia-Pacific summit that the United States is committed to high standards in trade and to partnerships that will benefit economies across the Pacific. Fresh off his meeting with Chinese President Xi Jinping, Biden also told business leaders that the U.S. was “de-risking …

A moment of reckoning in geopolitics is upon us
1 year, 1 month ago

A moment of reckoning in geopolitics is upon us

Live Mint  

The efficient market hypothesis, by which all that participants know gets instantly priced in, has been rattled yet again by another bout of geopolitical volatility. “I’m convinced one of the reasons Hamas attacked when they did—and I have no proof of this, just my instinct tells me—is because of the progress we were making towards regional integration for Israel,” he …

The US is welcomed in the Indo-Pacific region and should do more, ambassador to Japan says
1 year, 2 months ago

The US is welcomed in the Indo-Pacific region and should do more, ambassador to Japan says

Associated Press  

WASHINGTON — The United States is welcomed in the Indo-Pacific region and needs to update its approach to have stronger presence there to counter China’s influence, said the top American diplomat to Tokyo. Speaking at the Asia Society Policy Institute in New York on Friday, Rahm Emanuel, the U.S. ambassador to Japan, said the region is turning to the U.S. …

Joe Biden says China less likely to invade Taiwan amid economic downturn
1 year, 3 months ago

Joe Biden says China less likely to invade Taiwan amid economic downturn

The Telegraph  

Joe Biden said China was becoming too weak to invade Taiwan, blaming the slowing economy on helping to reduce the threat of a full-scale attack. Despite Beijing’s bellicose rhetoric and manoeuvres in the South China Sea, Mr Biden said the slowdown would affect Beijing’s ability to seize control of Taiwan over which it has claimed sovereignty for decades. “I don’t …

Biden administration approves military aid to Taiwan, likely to irk China ahead of G20 faceoff
1 year, 3 months ago

Biden administration approves military aid to Taiwan, likely to irk China ahead of G20 faceoff

India TV News  

The Joe Biden administration has approved the maiden United States military transfer to Taiwan under a programme usually reserved for assistance to sovereign states, aiming to strengthen the island’s self-defence capabilities. The US State Department notified Congress in this regard on Wednesday stating that the material would be “used to strengthen Taiwan's self-defense capabilities through joint and combined defense capability …

China criticises U.S. plan for trade deal with Taiwan
1 year, 6 months ago

China criticises U.S. plan for trade deal with Taiwan

The Hindu  

China’s government criticised the United States' plans to sign a trade treaty with Taiwan and called on Washington on June 1 to stop official contact with the self-ruled island democracy claimed by Beijing as part of its territory. The agreement due to be signed on June 1 comes amid increased Chinese efforts to intimidate Taiwan by flying fighter jets and …

China criticizes US plan for trade deal with Taiwan
1 year, 6 months ago

China criticizes US plan for trade deal with Taiwan

Associated Press  

BEIJING — China’s government criticized the United States’ plans to sign a trade treaty with Taiwan and called on Washington on Thursday to stop official contact with the self-ruled island democracy claimed by Beijing as part of its territory. The agreement due to be signed Thursday comes amid increased Chinese efforts to intimidate Taiwan by flying fighter jets and bombers …

US inks modest trade deal with Taiwan in show of support in the face of pressure from China
1 year, 7 months ago

US inks modest trade deal with Taiwan in show of support in the face of pressure from China

Associated Press  

WASHINGTON — The United States has reached a modest trade agreement with Taiwan, signaling Washington’s support for the island democracy as it comes under increasing pressure from China. The first agreement under the U.S.-Taiwan Initiative on 21st Century Trade is expected to set the stage for a bigger deal later — “a robust and high-standard trade agreement,’’ U.S. Trade Representative …

Biden to consult with Japan's Kishida ahead of Group of Seven summit in Hiroshima
1 year, 7 months ago

Biden to consult with Japan's Kishida ahead of Group of Seven summit in Hiroshima

The Hindu  

President Joe Biden arrived in Japan on May 18 with plans to meet privately with Japanese Prime Minister Fumio Kishida ahead of the larger Group of Seven summit — a sign of how the economic and national security alliance between the two countries has strengthened. “There'll be discussions about the state of play on sanctions and the steps that the …

Taiwan trade chief warns against ‘unnecessary fear’ of China
1 year, 7 months ago

Taiwan trade chief warns against ‘unnecessary fear’ of China

Associated Press  

WASHINGTON — Taiwan’s chief trade representative says his country’s semiconductor makers will expand production in the U.S. as much as they can afford to do so, but he insists Taiwan remains an ideal place for that production and other U.S. trade, business and investment, despite tensions with China. For Taiwan, that swell in U.S. support overall has also brought renewed …

Trade envoy Tai says US not seeking to ‘decouple’ from China
1 year, 8 months ago

Trade envoy Tai says US not seeking to ‘decouple’ from China

Associated Press  

TOKYO — Washington is not seeking to decouple the American economy from China’s, U.S. Trade Representative Katherine Tai said Thursday while on a visit to Tokyo. Tai, who is on her fourth visit to Japan after being appointed the top U.S. trade envoy, said all members of President Joe Biden’s administration have been “very clear that it is not the …

The AP Interview: Envoy says Taiwan learns from Ukraine war
1 year, 11 months ago

The AP Interview: Envoy says Taiwan learns from Ukraine war

Associated Press  

WASHINGTON — Taiwan has learned important lessons from Ukraine’s war that would help it deter any attack by China or defend itself if invaded, the self-ruled island’s top envoy to the U.S. said in an interview Friday with The Associated Press. U.S. administrations for decades have maintained a policy of leaving unsaid whether the U.S. military would come to Taiwan’s …

US ‘fully committed’ to Japan alliance, Biden tells Kishida
1 year, 11 months ago

US ‘fully committed’ to Japan alliance, Biden tells Kishida

Al Jazeera  

US President Joe Biden is hosting Japanese Prime Minister Fumio Kishida at the White House, as Kishida ends a week-long, diplomatic push to bolster partnerships with allies in Europe and North America in the face of growing pressure from China. In advance of his discussions with Biden, the Japanese prime minister on Friday also met US Vice President Kamala Harris, …

Penny Wong's Washington DC speech to focus on US engagement with Asia and avoiding conflict with China
2 years ago

Penny Wong's Washington DC speech to focus on US engagement with Asia and avoiding conflict with China

ABC  

Foreign Minister Penny Wong will use a major speech in Washington DC to urge President Joe Biden's administration to ramp-up economic engagement with Asia, while warning that "nationalistic domestic posturing" in both China and the US could fuel a catastrophic conflict. Key points: Senator Wong will say President Biden's "course confirms the US desire for stability and that we look …

After meeting Xi, Biden says there need be no new Cold War
2 years, 1 month ago

After meeting Xi, Biden says there need be no new Cold War

Al Jazeera  

US President Joe Biden and Chinese President Xi Jinping have promised to cooperate on global challenges and agreed on the need to improve strained relations as they sat down for their first in-person meeting as national leaders. Following the three-hour long talks, Biden told reporters he believed “there need not be a new Cold War”, while their offices said the …

Biden to meet Xi, discuss ‘most important things’ for US, China
2 years, 1 month ago

Biden to meet Xi, discuss ‘most important things’ for US, China

Al Jazeera  

The US president says Washington’s lines of communication with Beijing will stay open to prevent conflict. Biden also condemned Russia’s “brutal and unjust” invasion of Ukraine and the threats of North Korea’s missile tests, the White House said, and called on Myanmar’s military rulers to follow a peace plan they agreed to with the Association of Southeast Asian Nations. “We’ve …

Biden wants to discuss Taiwan, Russia, trade with China’s Xi
2 years, 1 month ago

Biden wants to discuss Taiwan, Russia, trade with China’s Xi

Associated Press  

WASHINGTON — President Joe Biden said Wednesday he plans at an anticipated meeting with Chinese President Xi Jinping to discuss growing tensions between Washington and Beijing over the self-ruled island of Taiwan, trade policies and Beijing’s relationship with Russia. “And determine whether or not they conflict with one another.” Xi’s government has criticized the Biden administration’s posture toward Taiwan — …

Biden to host Pacific Island summit with wary eye on China
2 years, 3 months ago

Biden to host Pacific Island summit with wary eye on China

Associated Press  

WASHINGTON — The White House announced Friday that President Joe Biden will host Pacific Island leaders in Washington later this month amid growing worries by the United States and Western allies about China’s activity in the region. Press secretary Karine Jean-Pierre said in a statement the meetings Sept. 28-29 “will demonstrate the United States’ deep and enduring partnership with Pacific …

US to hold trade talks with Taiwan, island drills military
2 years, 4 months ago

US to hold trade talks with Taiwan, island drills military

Associated Press  

HUALIEN, Taiwan — The U.S. government will hold trade talks with Taiwan in a sign of support for the island democracy that China claims as its own territory, prompting Beijing to warn Thursday it will take action if necessary to “safeguard its sovereignty.” The announcement of trade talks comes after Beijing fired missiles into the sea to intimidate Taiwan after …

US to hold trade talks with Taiwan in new show of support
2 years, 4 months ago

US to hold trade talks with Taiwan in new show of support

Associated Press  

BEIJING — The U.S. government plans talks with Taiwan on a wide-ranging trade treaty in a sign of support for the self-ruled island democracy claimed by China’s ruling Communist Party as part of its territory. The announcement Thursday comes after Beijing held military drills that included firing missiles into the sea to intimidate Taiwan following this month’s visit by U.S. …

US and Taiwan announce trade talks amid tensions with China
2 years, 4 months ago

US and Taiwan announce trade talks amid tensions with China

Al Jazeera  

Officials say US-Taiwan Initiative on 21st-Century Trade will build “fairer, more prosperous and resilient” economy. The United States and Taiwan have announced the start of trade talks amid heightened tensions with China over the status of the self-ruled island. “We plan to pursue an ambitious schedule for achieving high-standard commitments and meaningful outcomes covering the eleven trade areas in the …

US to enhance Taiwan trade, conduct air, sea transits, says White House amid China's intimidation
2 years, 4 months ago

US to enhance Taiwan trade, conduct air, sea transits, says White House amid China's intimidation

Firstpost  

A new trade plan will be uncovered in a few days, while US forces will transit the Taiwan Strait in the next few weeks. Pelosi’s visit was “consistent” with Washington’s existing policy and China has “overreacted,” said Kurt Campbell, White House coordinator for Asia-Pacific Washington: In reaction to China’s “provocative” behaviour, the United States will increase trade with Taiwan, the …

China’s ‘new normal’ for Taiwan raises fears for global trade
2 years, 4 months ago

China’s ‘new normal’ for Taiwan raises fears for global trade

Al Jazeera  

Chinese state media says military exercises in crucial shipping route to become ‘regular’ event. Sustained shipping disruptions caused by frequent Chinese military activity around Taiwan could become what experts call a “new normal” for the crucial trade route. “Freight rates will be most affected in the short term, before a ‘new normal’ for trade lanes in the region is established.” …

Taiwan may get economic deal with US after exclusion from IPEF
2 years, 6 months ago

Taiwan may get economic deal with US after exclusion from IPEF

Al Jazeera  

Economic agreement similar to new IPEF would underline US commitment to self-ruled democracy, analysts say. Taipei, Taiwan – The United States and Taiwan are reportedly working on a deal to enhance economic cooperation in areas like trade, agriculture and supply chains, after the self-ruled island was excluded from US President Joe Biden’s economic framework aimed at countering Chinese influence. Joanne …

New Zealand’s Ardern urges US to return to regional trade pact
2 years, 6 months ago

New Zealand’s Ardern urges US to return to regional trade pact

Al Jazeera  

Remarks are latest signal by an Asia-Pacific leader that US President Biden’s engagement with region is falling short. While many countries in the region have welcomed Biden’s outreach amid shared concerns about Beijing’s growing assertiveness, the initiative has faced criticism for not expanding trade opportunities, including access to US markets. “New Zealand sees IPEF as a promising start, but it’s …

Discover Related