President Biden unveiled the Indo-Pacific Economic Framework (IPEF) on May 23th, 2022, during his first presidential visit to Tokyo. The Indo-Pacific trade agreement is between Japan, Australia, New Zealand, South Korea, India, and seven Southeast Asian nations — Singapore, Malaysia, Indonesia, Vietnam, the Philippines, Thailand, and Brunei. According to Biden, 'members will negotiate the details in each action area including supply chains, digital trade, clean energy and infrastructure, and tax and anti-corruption before signing any agreements.'Is the IPEF Different from TPP?The Trans-Pacific Partnership (TPP) is an international trade deal that lowered tariffs to boost access to the U.S. market. Although Obama's administration began the
