Some Democratic senators are criticizing the Biden administration’s stance on an emerging Asia-Pacific economic pact as lacking ways to help U.S. exporters
WASHINGTON—Some Democratic senators criticized the Biden administration’s stance on an emerging Asia-Pacific economic agreement as lacking measures to help U.S. exporters, exposing a widening rift among Democrats over the country’s trade policy.
Speaking at a Senate Finance Committee meeting Thursday to discuss President Biden’s annual trade policy agenda, several senators, including some Democrats, expressed concerns about the lack of market opening measures such as tariff reduction in the new economic framework the administration is preparing to launch this spring with friendly Asia-Pacific countries.
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