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Search resuls for: "Trevor Hunnicutt David Brunnstrom"


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SAN FRANCISCO, Nov 16 (Reuters) - President Joe Biden will highlight strong U.S. ties to the Asia Pacific Economic Cooperation (APEC) forum economies on Thursday, despite a failure to make progress on key trade provisions sought by regional countries. Biden will also take part in an event with the 14-member Indo-Pacific Economic Framework (IPEF) that his administration established to bolster economic engagement after former President Donald Trump quit a long-negotiated regional trade pact in 2017. U.S. hopes for an IPEF trade deal were dashed this week, after members could not agree on improving labor and environmental standards or compliance, people briefed on the talks said. U.S. exports to the region have grown 12%, 60% of U.S. exports are sent to a fellow APEC economy, and APEC members have invested $1.7 trillion into the U.S. economy since 2016, the official said. Biden plans to emphasize his administration's efforts to advance workers' rights in remarks on Thursday, the U.S. official said.
Persons: Joe Biden, Biden, Xi Jinping, Donald Trump, Gina Raimondo, Xi, David Brunnstrom, Nandita Bose, Katharine Jackson, Doina, Heather Timmons, Josie Kao Organizations: FRANCISCO, Asia Pacific Economic Cooperation, APEC, Economic, . Commerce, U.S, Thomson Locations: San Francisco, U.S, Japan, Vietnam, Singapore, China, United States
"We will continue working to better facilitate high-standard trade that advances workers' rights through strong enforcement of labor standards." Biden was also to take part on Thursday in an event for the Indo-Pacific Economic Framework (IPEF), a 14-nation group his administration established. Hopes for an IPEF trade deal were dashed this week. Asked how long an IPEF trade agreement could take to conclude, an administration official said most negotiations take years but the White House intended to work on an "accelerated timeline." "A stable relationship between the world's two largest economies is not merely good for those two economies but for the world," Biden said to applause.
Persons: Joe Biden, Biden, White, Donald Trump, Republican Trump, Fumio Kishida, Xi Jinping, Justin Trudeau, Anthony Albanese, Dina Boluarte, Srettha Thavisin, Hassanal, Gina Raimondo, Xi, Trevor Hunnicutt, David Brunnstrom, Nandita Bose, Katharine Jackson, Andrea Shalal, Heather Timmons, Josie Kao, Cynthia Osterman Organizations: FRANCISCO, Asia, Economic Cooperation, Economic, Democrat, Republican, APEC, IMF, Amazon.com, Delta Air Lines, PepsiCo, Apple, Boeing, Japan's, Canada's, Australia's, Brunei's, Monetary Fund, . Commerce, Trans, Pacific, Trump, U.S, Thomson Locations: Pacific, San Francisco, Asia, ASIA, U.S, Thailand, China, United States
"What we have seen over the last couple of months is a breathtaking kind of diplomacy, that has been led by courageous leaders in both Japan and South Korea," said Kurt Campbell, Biden's coordinator for Indo-Pacific affairs. CHINA VIEWS SUMMIT WARILYNo specific action by the trio in Camp David is expected to sharply increase tensions with China, though Beijing has warned that U.S. efforts to strengthen ties with South Korea and Japan could "increase tension and confrontation in the region." While South Korea, Japan and the United States want to avoid provoking Beijing, China believes Washington is trying to isolate it diplomatically and encircle it militarily. South Korea has legislative elections next year and Japan must hold one before October 2025, and what analysts see as a still fragile rapprochement between the two nations remains controversial among the countries' voters. The White House, conscious of the electoral clock, wants to make the progress between South Korea and Japan hard to reverse, including by establishing routine cooperation on military exercises, ballistic missile defense, the economy, and scientific and technological research.
Persons: Joe Biden, Fumio Kishida, Yoon Suk, Jonathan Ernst, David, Joe Biden's, Biden, Yoon Suk Yeol, Kurt Campbell, Campbell, Camp David, Donald Trump, Trevor Hunnicutt, David Brunnstrom, Andrea Shalal, Don Durfee, Grant McCool Organizations: Japan’s, Grand Prince Hotel, REUTERS, U.S, South, Biden, Republican, Thomson Locations: Hiroshima, Japan, HAGERSTOWN , Maryland, United States, South Korea, U.S, Seoul, Tokyo, Korean, CHINA, China, Beijing, Washington, North Korea, Russia, South China, Philippines, Philippine, Hagerstown , Maryland
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