Inside Trade

May 23, 2025

Outside voices: An IPEF report card – and an election wild card

July 17, 2024 at 9:00 AM
Two years into the Biden Administration’s signature trade initiative, the Indo-Pacific Economic Framework for Prosperity, Hinrich Foundation research fellow Kati Suominen rates the results: Failure, so far, for the trade pillar; a “work in progress” for the supply-chain pillar; “better news” in the clean-energy pillar. To date: “Could be better and much better in digital trade.” Going forward: “The upcoming U.S. presidential election may perpetuate IPEF if Biden wins, kill IPEF entirely if Trump wins, or end U.S. engagement but...

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