Global EditionASIA 中文双语Français
Home / World / Americas

Indo-Pacific Economic Framework disappointing for lack of tariff cut plan: WSJ

Xinhua | Updated: 2022-05-25 13:40
Share - WeChat
US President Joe Biden listens to other leaders joining the Indo-Pacific Economic Framework launch event virtually, at Izumi Garden Gallery in Tokyo, Japan, May 23, 2022. [Photo/Agencies]

WASHINGTON - The US-led Indo-Pacific Economic Framework is disappointing for some nations as it fails to include plans to lower tariffs, the Wall Street Journal (WSJ) said Monday in an article.

As US President Joe Biden's approval rating dips, observers have raised doubt over the continuity of Washington's policy.

"The key problem for Biden in Asia is that he is constrained by the domestic politics of trade in the United States," Neil Thomas, a China analyst at the political risk consulting firm Eurasia Group, was quoted by the WSJ as saying.

"What countries in Asia want is precisely what Biden cannot give: greater access to the US market," Thomas said.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349