Can Biden return the US to TPP? Does it matter? 2 experts explain

Cutler urges digital and medical deals with Asia; Scissors says trade pacts 'overrated'

20210331NY Biden trade

President Joe Biden's administration is conducting a broad review of U.S. policy toward China, including trade. (Photo courtesy of the White House)

TAISEI HOYAMA and ALEX FANG, Nikkei staff writers

WASHINGTON/NEW YORK -- The word "trade" has largely disappeared from American headlines of late, in sharp contrast to the days of Donald Trump's presidency. President Joe Biden has made clear that the Indo-Pacific is a key area for the country's future, but has not signaled how he will engage in forming the region's trade rules.

Analysts tend to agree that a U.S. return to the Trans-Pacific Partnership, now called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, will be a tough call. Meanwhile, China has made advances during Washington's absence, finalizing the larger Regional Comprehensive Economic Partnership and announcing its interest in the CPTPP as well.

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