Published 21 Nov 2024

Author: Stephen Olson

The US is likely to pull out of the Indo-Pacific Economic Framework. But the remaining members should be able to advance the framework.

One of Donald Trump’s first orders of business after taking the oath of office as President of the United States next January will be to pull the US out of Joe Biden’s signature trade initiative, the Indo-Pacific Economic Framework Agreement (IPEF). Trump has vowed to do so, and there is ample reason to take him at his word. In 2017, he pulled the US out of the Obama administration’s most important trade initiative, the Trans-Pacific Partnership (TPP), on his first full day in office.

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