Britain’s free-trade pacts with New Zealand and Australia will come into force by the end of this month.

Source: https://createsend.com/t/d-E17B88DD387873E52540EF23F30FEDED

But with free trade deeply unpopular in his own party, Biden chose not to rejoin Obama’s Trans-Pacific Partnership and has made no effort to forge a free-trade agreement of his own, unlike every president since Ronald Reagan.

Source: https://indianexpress.com/article/world/joe-biden-era-treaties-likely-broken-than-brokered-8550232/

Elsewhere, the UK’s plans to join the Comprehensive and Progressive Trans-Pacific Partnership free-trade agreement with the likes of Japan, Canada and Chile, as well as further trade negotiations with India, will not be completed anytime soon.

Source: https://theconversation.com/the-decision-to-ditch-the-uks-department-for-international-trade-is-testament-to-the-failure-of-brexit-199483

The Biden administration hopes to use IPEF to shore up its economic leadership in the region without the political baggage of joining a free-trade agreement like the 11-country Trans-Pacific Partnership (TPP).

Source: https://thediplomat.com/2023/11/the-apec-summit-is-happening-in-san-francisco-what-is-apec-anyway/

The original agreement had been signed in 2011 after Venezuela’s then-president Hugo Chavez chose to exit the Andean Community (CAN), a free-trade group which Colombia remains a part of.

Source: https://mb.com.ph/2023/02/17/colombia-venezuela-revive-trade-deal-after-4-year-suspension/?utm_source=rss&utm_medium=rss&utm_campaign=colombia-venezuela-revive-trade-deal-after-4-year-suspension

The speech comes after Congressional hearings last month where many Republican lawmakers and a few Democrats faulted the administration for not negotiating new free-trade agreements or having a sufficiently ambitious trade agenda.

Source: https://www.drovers.com/news/ag-policy/ustr-tai-continues-push-trade-policy-focused-non-tariff-barriers

Though of course, the percentage of battery materials that need to be derived from free-trade partners to qualify are scheduled to increase in the coming years.

Source: https://jalopnik.com/these-are-the-ford-jeep-and-chrysler-evs-that-will-sti-1850306884