RCEP Is Shot Across the Bow for U.S.: Arnold & Porter’s Reade

The transcript discusses the evolving trade dynamics between the US and Asia, focusing on the US's absence from major trade agreements like TPP and RCEP. It highlights the potential impact of these agreements on US trade influence and the challenges faced by the Biden administration in re-engaging with international trade. The discussion also covers India's hesitance to join RCEP due to concerns about Chinese market dominance. The transcript concludes with an analysis of the US's need to collaborate with Asian partners to address economic and security challenges posed by China.

How does the speaker describe the potential impact of the new trade agreement on businesses in Asia?

What does the speaker mean by a 'paradigm shift' in the context of the Biden administration's foreign policy?

In what ways does the speaker suggest that the US needs to adapt to the changing global trade environment?