With world economies all suffering from more than two years of the coronavirus pandemic and global supply problems exacerbated by Russia’s invasion of Ukraine, the United States has an “incredible opportunity” to engage with other nations on a common playing field and forge new partnerships and agreements, the top U.S. trade negotiator told The Associated Press on Friday.
U.S. Trade Representative Katherine Tai arrived in Thailand for meetings with Asia-Pacific Economic Cooperation group trade ministers, the same day President Joe Biden started an Asia visit in South Korea.
The two are to link up in Japan, where they are to announce plans for a new Indo-Pacific Economic Framework, which Tai said above all else would demonstrate “the U.S. abiding commitment as a partner to the countries in this region” as Washington seeks to keep growing Chinese influence in check.
“It is a robust and holistic approach to economics and investing in each other that we’re bringing,” she said.