What is the Indo-Pacific Economic Framework?
CBSN
President Joe Biden faced a dilemma on trade in Asia: He couldn't just rejoin the Trans-Pacific Partnership that his predecessor had pulled the U.S. out of in 2017. Many related trade deals, regardless of their content, had become politically toxic for U.S. voters, who associated them with job losses.
So Biden came up with a replacement. During Biden's visit to Tokyo, the U.S. on Monday announced the countries that are joining the new Indo-Pacific Economic Framework. In the tradition of trade deals, it's best known by its initials: IPEF. (Pronounced EYE-pef.)
The U.S. government, in what an attorney says is a "monumental admission," said last year that it caused injury to thousands of people on the Hawaiian island of Oahu when jet fuel from its storage facility leaked into the drinking water system. On Monday, thousands of military family members and locals are headed to trial seeking financial compensation.
An Arizona grand jury indicted 18 people Wednesday in the ongoing investigation into an alleged attempt to use alternate electors after the 2020 presidential election as part of a wider alleged conspiracy to falsely declare then-President Donald Trump the winner, the state's attorney general announced.