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US seeks new thinking on global challenges as APEC ministers meet
Launching a two-day meeting of the ministers under a cloud of US-China tensions in Detroit, a city that has experienced the negative impact of "aggressive" trade liberalization, she urged them to build on recent World Trade Organization agreements to better serve workers and build trade more sustainably.
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Katherine C. Tai speaks during the Senate Finance committee hearings to examine her nomination to be United States Trade Representative, with the rank of Ambassador, on February 25, 2021 in Washington, DC. (Agence France Presse/Bill O'Leary/Pool)
U
S Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation (APEC) trade ministers to "think creatively" for solutions to overcome a host of challenges from fragile supply chains, a worsening climate crisis and growing inequality.
Launching a two-day meeting of the ministers under a cloud of US-China tensions in Detroit, a city that has experienced the negative impact of "aggressive" trade liberalization, she urged them to build on recent World Trade Organization agreements to better serve workers and build trade more sustainably.
"We have an opportunity in APEC to forge a new path for our people and for our planet and to build our economies from the bottom up and the middle out, to deliver tangible results for our people," Tai said.
As they started, the APEC meetings were already overshadowed by the first meeting between high ranking Washington and Beijing officials for the first time in months in a bid to overcome a cascade of irritants.
Trade experts said subsequent talks on the US-led Indo-Pacific Economic Framework initiative (IPEF) - featuring many of the same APEC ministers, but not China's - would be a higher priority for US officials.
US Trade Representative Katherine Tai in opening remarks called for APEC ministers to work on reforms to the World Trade Organization.
She asked them to build on multilateral momentum seen in last year's WTO ministerial meeting that produced the body's first new agreements in years, including curbs on fishery subsidies and a partial intellectual property waiver on COVID-19 vaccines.
