Biden could rebuild trade deal with Asia-Pacific to counter China's dominance, says think tank

 CNBC, Dec 3, 2020

Negotiating a new and improved trade deal with Asia-Pacific countries would help the U.S. to reassert its leadership in the region while countering China's growing dominance, said think tank Peterson Institute for International Economics.

Frayed U.S. ties with Asian allies is an issue that President-elect Joe Biden should work to reverse "perhaps sooner rather than later," said Jeffrey Schott, PIIE's senior fellow. That's especially if tensions with China escalate and the U.S. needs a "concrete" joint response with its allies, Schott wrote in a Monday report.

In full: https://www.cnbc.com/amp/2020/12/03/biden-could-rebuild-trade-deal-with-asia-pacific-to-counter-china-piie.html

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