November 24, 2020

Biden will likely have to reimagine the future of U.S. economic leadership in Asia, says expert

Featuring Richard Fontaine

Source: CNBC

Journalist Saheli Roy Choudhury

The Biden administration will likely have to reimagine the future of U.S. economic leadership in Asia-Pacific following two massive free trade agreements signed by countries in the region, according to a former foreign policy advisor.

The first of the two trade agreements is the Trans-Pacific Partnership (TPP): It was negotiated by the Obama administration but never approved by Congress. President Donald Trump subsequently pulled the U.S. out of the TPP in 2017 as the remaining 11 countries renegotiated and signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership or CPTPP a year later.

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Authors

  • Richard Fontaine

    Chief Executive Officer

    Richard Fontaine is the Chief Executive Officer of the Center for a New American Security (CNAS). He served as President of CNAS from 2012-19 and as Senior Advisor and Senior ...