Indo-Pacific Economic Framework is not an FTA: 5 things to know

Tailored pact seeks to counter China's clout while protecting U.S. workers

20220519 Biden Indo-Pacific

Like the Trump administration before it, the Biden administration takes the position that unfettered trade liberalization hurts American workers. (Source photo by Reuters) 

KENTARO IWAMOTO, Nikkei staff writer

TOKYO -- U.S. President Joe Biden will launch a new economic framework for the Indo-Pacific during his stay in Tokyo early next week, with Washington hoping to boost its economic presence in the region to counter China's influence.

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