Outside voices: Some IPEF participants will need ‘strong incentives’
It may take a package of tangible inducements to keep less-developed countries connected to the just-announced Indo-Pacific Economic Framework, since lower-tariff inducements have been taken out of play, writes Orit Frenkel, CEO of the American Leadership Initiative (Washington, DC-based policy analysts focused on the U.S.’ global role). “While the ASEAN countries welcome U.S. regional reengagement,” she asserts in an opinion piece in The Hill , standards governing , labor, the environment and digital trade “will require difficult domestic concessions from...