The announcement is one of the centerpieces of Biden's visit to the continent, which began last week in South Korea and is continuing this week in Japan.
The announcement is one of the centerpieces of Biden's visit to the continent, which began last week in South Korea and is continuing this week in Japan. Biden is walking a delicate balance in revealing the Indo-Pacific Economic Framework, which his aides refer to as IPEF.
The economic framework comes with a similar goal. Ever since then-President Donald Trump withdrew the United States from the Trans Pacific Partnership -- the massive trade agreement negotiated during the Obama presidency -- the US has been without a defined plan to engage this region economically.Meanwhile, China has secured several trade agreements with its neighbors, and has sought to wield its economic influence globally through the Belt and Road Initiative.
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Biden set to unveil his economic plan for countering China in AsiaPresident Joe Biden on Monday plans to unveil a long-sought economic plan for engaging a region coming increasingly under the influence of China, as he enters the second leg of his debut tour of Asia.
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Biden signs $40B for Ukraine assistance during Asia tripSEOUL, South Korea (AP) — President Biden on Saturday signed legislation to support Ukraine with an additional $40 billion in U.S. assistance as the Russian invasion approaches its fourth month. The legislation, which was passed by Congress with bipartisan support, deepens the U.S.
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Biden to lay out in Japan who's joining new Asia trade pactTOKYO (AP) — President Joe Biden on Monday promised “concrete benefits” for the people of the Indo-Pacific region from a new trade pact he was set to launch, designed to signal U.S. dedication to the contested economic sphere and address the need for stability in commerce after disruptions caused by the pandemic and Russia’s invasion of Ukraine.
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Biden signs $40 billion in US aid for Ukraine during Asia tripThe legislation, which was passed by Congress with bipartisan support, deepens the U.S. commitment to Ukraine at a time of uncertainty about the war's future.
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