U.S. senators from both parties criticized President Joe Biden’s trade agenda on Thursday, faulting a shortage of ambition for negotiating new agreements and countering China in Asia.
In a hearing of the Senate Finance Committee, U.S. Trade Representative Katherine Tai faced Democratic and Republican senators concerned that the administration’s proposed Indo-Pacific Economic Framework, or IPEF, is insufficient for boosting exports and countering China. Some also faulted the lack of plans for pursuing new free-trade deals.
