Daily News

U.S.’ IPEF partners see framework as new opportunity, not alternative to China

September 14, 2022 at 2:19 PM
LOS ANGELES -- While the Biden administration has marketed the Indo-Pacific Economic Framework for Prosperity is a vehicle to present countries in the region with an alternative to China, IPEF members are instead viewing the framework as a way to work with the United States while still doing business with Beijing, ministers told Inside U.S. Trade here last week. When the administration launched IPEF in May, Commerce Secretary Gina Raimondo repeatedly framed it as the U.S.’ presenting β€œan alternative...

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