US-led Indo Pacific Economic Framework's Trade Pillar Faces Scrutiny and Withdrawal by the US on Nostr: US 'doubling down' on boosting trade with 'critical partner' India: Senior trade ...

US 'doubling down' on boosting trade with 'critical partner' India: Senior trade official
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#ed88bc74 ver:0.26

The US is prioritizing trade with India, a critical partner, with total trade reaching $191 billion in 2022. The Indo-Pacific Economic Framework for Prosperity (IPEF) aims to strengthen collaboration, supply chain resilience, and a clean economy. However, the US has withdrawn from the IPEF's trade pillar due to complexity and unrelated provisions. Critics argue for a focus on tariff relief and trade liberalization, while proponents highlight the benefits of free trade. Trade is crucial in countering China's economic influence in Asia. #USIndiaTrade #IPEF #TradeAgreements #SupplyChainResilience...

#newstr #UsindiaTrade #EconomicTies #IndopacificEconomicFramework #SupplyChainResilience #CleanEconomy

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