DW Business July 7, 2024
a free trade agreement. it does not aim to live duties and trade barriers. as many people in the united states are concerned about outsourcing american jobs, the goal rather is to make supply chains more resilient. for instance, to secure the urgently needed resupply of chips. semiconductors that are important for the auto industry. infrastructure is another key element. there is a mass of need for new roads, ports and renewable energy projects. in the indo pacific region, the biden administration does not want to lose out to china, us belt and road initiative there. now, earlier i a...