Many lawmakers laud IPEF’s launch, though some still hope for market-access push
Initial congressional reaction to the unveiling of the Indo-Pacific Economic Framework has been mostly positive, though some prominent lawmakers from both parties continue to press the administration for more traditional market-access discussions with countries in the region. Sen. Tom Carper (D-DE), who chairs the Senate Finance trade subcommittee, and the panel’s ranking member, John Cornyn, (R-TX), on Monday released a statement backing the framework – but suggested they still hoped for a free trade agreement. “One of the best ways...