The Indo-Pacific Economic Framework - A New Direction for International Trade Agreements?
This event is in the past.
In May 2022, President Biden announced the launch of the Indo-Pacific Economic Framework. Although the Framework is still being negotiated among the US and states in the SE Asian and Pacific region, it appears to be a substantial departure from traditional US trade agreements. Rather than focusing on the reduction of barriers to trade, it will take what the US has called a "worker-centered" approach to trade. The Administration described the IPEF has having four pillars: a connected economy (or trade), supply chains, clean economy, and fair economy. Professor Julia Qin, an expert on international trade law at Wayne Law School, will discuss this new direction in US trade policy, whether it is likely to succeed and its benefits and draw-backs.