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Joe Biden speaks during a joint news conference with South Korean President Yoon Suk-youl in Seoul.

REUTERS/Jonathan Ernst

In Asia to fix imbalance, Biden talks both guns and butter

In his first presidential trip to Asia, where he is visiting South Korea and Japan as well as huddling with Quad partners, Joe Biden isn’t expected to sign any major trade deals or defense agreements. But America’s commander-in-chief is going to be in China’s neighborhood, shoring up new and old alliances in the region, reminding Beijing that checking the PRC is very much on Washington’s agenda, despite the administration’s attention being taken up by domestic politics and the war in Ukraine.

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The Graphic Truth: Asia's mega trade deals — RCEP vs TPP

On Sunday, 15 Asia-Pacific countries inked the Regional Comprehensive Economic Partnership, considered the biggest regional trade agreement ever signed. The RCEP includes China, which was left out of the Trans-Pacific Partnership, another mega regional trade deal pushed by the Obama administration in the US... until President Trump walked out of it on his first day in office in 2017. While the RCEP is a much wider agreement, covering more countries and around 2.2 billion consumers, it lacks the depth of the TPP, which carried strong protections for labor, the environment, and intellectual property. With the US, it would also have accounted for a larger share of global GDP than today's RCEP. Here we compare the RCEP to the current TPP, and to what the TPP would look like if the US had stayed in it.

GZERO World S2E20: An Unstable World with Senator Chris Coons

An Unstable World with Senator Chris Coons

This week Ian talks trade wars and TPP. Then he sits down with U.S. Senator Chris Coons to discuss the politics of instability around the world and in Washington, DC. And of course, we've got your Puppet Regime.

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