TTC, IPEF, and the road to an Indo-Pacific trade deal: A new model
By
Clete R. Willems, Niels Graham
The Biden administration’s “trade policy for the middle class” is taking shape. Exemplified by the TTC and IPEF, its is “beyond-the-border” issues, such as regulatory alignment and standard setting, attempts to improve supply chain resilience, and efforts to promote high labor and environmental standards. However, to achieve its strategic goals, the administration should consider adding traditional market access components.
