Biden's Trade Pact Faces Uncertainty and Criticism at APEC
The Biden administration is facing internal debates and resistance from Democrats over a global trade pact, the Indo-Pacific Economic Framework for Prosperity, which aims to strengthen ties with Asian allies to counter China's influence. Some Democrats fear that the trade deal could provide Donald Trump with ammunition for the 2024 election. The administration is considering changes to address concerns about environmental and labor protections, but it is challenging to convince poorer Asian countries to agree to such standards. The trade deal's announcement is expected this week, coinciding with President Biden's attendance at the Asia-Pacific Economic Cooperation conference.
- Biden aides scramble on trade pact some Democrats fear could help Trump The Washington Post
- Biden's Pacific Trade Pact Suffers Setback After Criticism From Congress The New York Times
- US, Asian Nations Not Ready to Finalize Economic Accord at APEC Bloomberg
- No trade deal struck at U.S.-led Indo-Pacific economic meeting The Japan Times
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