Wendy Cutler, deputy representative of the United States trade, said that trade will be part of the US President Biden's overall negotiation policy for China, but it will not become a promotion of Sino -US relations, as the former President Trump's tenure,force.
According to Reuters, Cartler, who is the vice chairman of the Institute of Policy Research in the Asian Association, pointed out today at the Reuters Global Market Forum that "there is a fundamental difference between the United States and China on many issues."
She said that the trade agreement of the Asian Regional Comprehensive Economic Partnership (RCEP) and the China -Europe Comprehensive Investment Agreement (CAI) will force the Bayeng government to participate in trade affairs in the Asia -Pacific region.
But she said that allowing the United States to re -join the Cross Pacific Partnership Agreement (CPTPP) is not the only way to establish a relationship between the Asia -Pacific region.CPTPP does not include China.
CPTPP was a key part of the former US President Barack Obama's Asian strategic core, covering 11 countries in the Pacific region, but in 2017, Trump was withdrawn from the United States before signing the agreement.
Carter said: "If the United States considers to re -join the CPTPP, it will undoubtedly seek updates and modifications of the agreement, including the more sensitive part of those of the US workers."
She also said that the narrower industry protocol may be a higher feasibility alternative."These are relatively easy to do and faster, and while achieving results, it can also help rebuild trust and motivation."
Carter said that it is necessary to look at RCEP seriously.Including China, 15 Asia -Pacific countries signed the agreement in November 2020."RCEP establishes a wide range of rules of origin, which will promote trade among member states. Over time, it will also affect the supply chain."
She also said that the agreement will also have a structure that solves the problems between members.
RCEP is widely regarded as a CPTPP replacement scheme supported by China and is known as the world's largest free trade agreement. Its goal is to gradually reduce tariffs and oppose protectionism, promote investment and make the products in the district more freely flow.
Carter said she expects the United States to contribute to the infrastructure investment in the Asia -Pacific region, although the scale is not as good as China.