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US launches Asia economic forum to counter China – AFR | Online Free Press release news distribution – TopWireNews.com

September 9, 2022
Source: topwirenews.com topwirenews.com
News Snapshot:
The United States began a series of meetings with ministers from the Asia-Pacific in Los Angeles on Thursday at an economic summit aimed at countering China’s growing influence in the region. The two-day event is the first face-to-face meeting between members of the new Indo-Pacific Economic Prosperity Framework (IPEF), an initiative launched in May by US President Joe Biden. With this new trade partnership, the Biden administration hopes to reinforce its presence in a region that felt cold-shouldered under former president Donald Trump. Trump’s isolationist “America First” policy saw him yank the United States from the Asia-focused trade agreement called...
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