Technology giants are drawing protests as they aggressively try to shape a new US trade deal with Australia, South Korea and other members of the Indo-Pacific region that account for 40% of global economic output
echnology giants are drawing protests as they aggressively try to shape a new US trade deal with Australia, South Korea and other members of the Indo-Pacific region that account for 40% of global economic output.
The tech giants have been active in conversations with government officials: 34 of the 40 stakeholders who gave presentations in Singapore represented corporations or their groups, most of which had ties to tech, according to people familiar with the matter who requested anonymity to discuss confidential talks.
“As with all trade negotiations, USTR seeks input from a broad range of stakeholders and consults closely with members of Congress,” Michel said. “Their input guides the development of IPEF text, including the digital trade chapter. We are confident that the final IPEF agreement will align with President Biden and Ambassador Tai’s vision for a worker-centered trade policy.”
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