US Commerce Secretary Gina Raimondo speaks in Singapore. Photo: AFP
US Commerce Secretary Gina Raimondo speaks in Singapore. Photo: AFP

US plans ‘coalition of democracies’ for trade but won’t join CPTPP: Secretary of Commerce Gina Raimondo

  • Washington must ‘run faster’ to keep its allies’ confidence as China bids to join the regional trade pact, the commerce secretary tells Bloomberg New Economy Forum
  • The Biden administration has no plans to join the 11-nation pact, but will instead seek a ‘proper economic framework’ to maintain a ‘secure supply chain’

Topic |   US-China relations
US Commerce Secretary Gina Raimondo speaks in Singapore. Photo: AFP
US Commerce Secretary Gina Raimondo speaks in Singapore. Photo: AFP
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