U.S. President Joe Biden is trying to achieve more by doing less on China. His approach is fairly unambitious, which suggests he has learned from predecessors’ failures, says GinaChon
U.S. President Joe Biden attends an Indo-Pacific Economic Framework for Prosperity launch event at Izumi Garden Gallery in Tokyo, Japan, May 23, 2022. REUTERS/Jonathan Ernst - RC2VCU9DX5HYWASHINGTON, May 23 - Joe Biden is trying to achieve more by doing less on China. At first glance, the U.S. president’s new economicwith India, Japan and Vietnam looks short on substance and skips sensitive issues. The White House may also drop many of the tariffs levied on the People’s Republic.
For years, American attempts to woo or punish China fell short of their goals. Former President Barack Obama failed to forge an investment treaty with the world’s second-largest economy. His Trans-Pacific Partnership, which would have formed an economic trade bloc to counterbalance China’s influence, never made it across the finish line. Donald Trump’s trade war, on the other hand, disrupted supply chains rather than building them.
Even these modest steps aren’t guaranteed to deliver a more collaborative multi-polar world. During his first trip to Japan as president, Biden on Monday suggested the United States would use force to defend Taiwan, which is claimed by , upsetting a long-held policy of speaking with so-called strategic ambiguity over the White House's position on the disputed island. Such missteps could hurt America’s bid to bolster its economic orbit. Sometimes it pays to do, and say, less.- U.S. President Joe Biden suggested on May 23 that the United States would use force to defend Taiwan if it is attacked by China. He made those comments during his first trip to Japan as president. The White House later said there was no change to U.S.
- Biden also announced that 13 countries, including the United States, would be part of the Indo-Pacific Economic Framework for Prosperity. The group includes India, Japan, South Korea and Vietnam. The agreement does not include market access issues and instead focuses on supply chain resiliency, clean energy, digital trade and tax policy.Editing by John Foley, Thomas Shum and Katrina HamlinOpinions expressed are those of the author.
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