Singapore PM: Trade is win-win, but US domestic politics may get in way of multilateralism


Both the CPTPP and RCEP are seen as building blocks of a much larger free trade vision spanning the Pacific Ocean - ST

SINGAPORE (The Straits Times/ANN): While the new Biden Administration may have more multilateralists who support world trade, it is not clear that the United States will be more keen on throwing the trade doors wide open, or joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade pact, said Prime Minister Lee Hsien Loong.

The attitude of the Trump Administration so far, he added, has been that trade is a win-lose proposition.

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Singapore , Lee Hsien Loong , US , trade , Apec

   

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