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Team Biden’s New Plans for Asian Engagement

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Team Biden’s New Plans for Asian Engagement
From L-R: Japan's Prime Minister Fumio Kishida, U.S. President Joe Biden, and India's Prime Minister Narendra Modi attend the Indo-Pacific Economic Framework for Prosperity at the Izumi Garden Gallery in Tokyo, Japan, on May 23, 2022. Saul Loeb/AFP via Getty Images
Milton Ezrati
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Commentary

President Joe Biden took advantage of his first Asia trip to announce a so-called Indo-Pacific Economic Framework (IPEF). He floated the idea to an assembly of 12 nations from the region, notably not including China and Taiwan.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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