US-Led Pacific Trade Talks Close to Reaching Supply Chains Pact

  • Announcement could come at Detroit minister meeting next week
  • Fourteen countries began negotiating IPEF agreement last year
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Fourteen countries in US-led Indo-Pacific trade talks are nearing an agreement on supply chain coordination and may announce a deal as soon as next week, according to people familiar with the discussions.

Negotiators would like to announce an agreement at a meeting of ministers in Detroit on May 27, added the people, who asked not to be identified because conversations are unfolding behind closed doors.