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U.S. weighs digital trade deal with Asian partners

  • July 14, 2021
  • , Sankei
  • JMH Summary

Sankei spotlighted a Bloomberg story claiming that Washington is looking into forging a digital trade accord among Indo-Pacific economies in order to counter China’s influence in the region. The envisaged pact, which could potentially include countries such as Australia, Canada, Chile, and Japan, is likely to set forth standards for the digital economy, including rules on the use of data, trade facilitation, and electronic customs arrangements. The Biden administration is reportedly keen to engage more closely with the rapidly growing Asian economies following the Trump administration’s withdrawal from the TPP.

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