IARN — The Biden administration released its 2022 Trade Policy Agenda and 2021 Annual Report on Tuesday.
In 2022, the U.S. Trade Representative’s Office will continue to implement Biden’s trade priorities as the United States recovers from the COVID-19 pandemic. That work includes soon releasing additional details on the Indo-Pacific Economic Framework. Key elements in 2022 include supporting workers’ rights, accelerating decarbonization, and supporting U.S. agriculture.
The Biden Administration is also focused on creating new opportunities for agriculture, including using existing Free Trade Agreements and Trade and Investment Framework Agreements. Additionally, the strategy includes bolstering supply chains and re-aligning the U.S.-China trade relationship.
The report also highlights accomplishments from 2021, including work to promote sustainable environmental practices in trade policy, enforce existing agreements and improve the resilience of global supply chains. It also details how the USTR and the Biden Administration have re-aligned the United States-China bilateral trade relationship to defend the rights of American workers, farmers, producers, and businesses.
Story courtesy of the Iowa Agribusiness Radio Network.
Image source: Wikimedia commons
