Raimondo: Countries that flout IPEF rules won’t ‘see the benefits’

Indo-Pacific Economic Partnership for Prosperity members that do not live up to the agreement’s standards will not receive its benefits, Commerce Secretary Gina Raimondo said on Tuesday, addressing questions about enforceability while stressing that the U.S. and other IPEF partners were focused on delivering concrete benefits under the non-traditional deal. Raimondo was asked about enforceability during a conversation on IPEF at the Wilson Center “Is it enforceable? I would say yes and no,” she said, noting the agreement will not...