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USTR deputy Bianchi to depart as top trade official for Asia -source

David Lawder
·1-min read

By David Lawder

WASHINGTON, Jan 18 (Reuters) - The Biden administration's top trade official for Asia, Sarah Bianchi, is stepping down as the U.S. Trade Representative's office plots its next moves on trade talks with Indo-Pacific countries after failing to reach a deal in November, a source familiar with the matter said on Thursday.

Bianchi, the deputy USTR overseeing Asia, Africa, investment, services, textiles and industrial competitiveness, is a longtime economic policy adviser to President Joe Biden, including during his time as vice president, when she ran his economic and domestic policy teams.

A USTR spokesperson declined to comment on Bianchi's departure, first reported by Axios. Bianchi was confirmed in the role by the U.S. Senate in September 2021 and has overseen trade discussions with China, Taiwan and member countries of Biden's Indo-Pacific Economic Framework.

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Her departure follows that of another key deputy to USTR Katherine Tai, Jayme White, who led trade engagement with Latin America, Europe and the Middle East, in October.

In November, USTR negotiators pressed hard to complete trade negotiations on the Biden administration's Indo-Pacific Economic Framework initiative, but failed to reach a deal in time for an Asia Pacific Economic Cooperation leaders summit, where Biden hoped to showcase IPEF as an alternative to deeper trade ties with China.

Bianchi told Reuters at the time that the IPEF member countries needed to "recalibrate" the talks in 2024, but acknowledged that this would be difficult in an election year. (Reporting by David Lawder; Editing by Aurora Ellis and Dan Burns)