The U.S. shifts on international rules that will jeopardize efforts to counter China

 The Biden Administration abruptly shifted on global technology rules which have weakened an Asian trade agreement that was supposed to counter China's growing clout in the region. The U.S. recently withdrew from rules facilitating digital trade that included the transfer of data across borders of customers and supply chains. This drawback has gone against the desires of Asian allies and the common goal of governing business data. This decision has also angered U.S. based business groups who are in favor of the free flow of data to boost the digital economy.