Already low expectations for "deliverables" at the Asia-Pacific Economic Cooperation summit in San Francisco took a further blow on the eve of Wednesday's meeting between Xi Jinping and Joe Biden when the latter's administration acknowledged that a key multilateral trade initiative was mired in American political infighting. US Treasury Secretary Janet Yellen described "substantial progress" in negotiating the trade section of the Indo-Pacific Economic Framework on Monday, the knottiest of the f
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