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U.S. must aim high with IPEF to maintain influence

Pacts that exclude Washington are reshaping supply chains and trade flows

| U.S.
U.S. President Joe Biden at the IPEF virtual launch event hosted from Tokyo in May 2022: Success will require Washington to move from rhetoric to substance.   © Reuters

Barbara Weisel is a managing director of Rock Creek Global Advisors in Washington and a member of the advisory board of the American Association of the Indo-Pacific. She was previously the chief U.S. negotiator for the Trans-Pacific Partnership Agreement.

The U.S. and its 13 partners will sit down in Bali next week for a new round of Indo-Pacific Economic Framework for Prosperity negotiations. They are moving quickly in hopes that the initiative will boost their pandemic recovery efforts, clean energy transition and digital transformation.

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