White House mulls digital trade deal to counter China in Asia – Bloomberg News


FILE PHOTO: A general view of the sun rising behind the White House in Washington, U.S. January 22, 2021. REUTERS/Jonathan Ernst

July 13, 2021

(Reuters) – The Biden administration is considering a digital trade agreement covering Indo-Pacific economies as the United States seeks ways to check China’s influence in the region, Bloomberg News reported late on Monday.

The pact could include countries such as Canada, Chile, Japan, Malaysia, Australia, New Zealand and Singapore, Bloomberg reported https://bloom.bg/3e9shky, citing a person familiar with the matter.

The details of the potential agreement are still being drafted, but could set out standards for the digital economy, including rules on the use of data, trade facilitation and electronic customs arrangements, the report said.

(Reporting by Ann Maria Shibu in Bengaluru; Editing by Sandra Maler)

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