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China Crows As India Bails on IPEF Trade Pillar

U.S. Trade Representative Katherine Tai (C) speaks during a ministerial pillar meeting at the Indo-Pacific Economic Ministerial in Los Angeles, California, on September 8, 2022. Frederic J. BROWN / AFP

India’s prominence at the SCO summit comes at a delicate moment for the United States as India moves to limit its participation in the new U.S.-led Indo-Pacific Economic Framework (IPEF).

Indian officials said it will not join IPEF’s trade agreement, one of four core areas of cooperation between the U.S. and Asian economies like India, Japan and South Korea, because it opens developing economies up to discrimination. 

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