Ministers at the APEC forum have wrapped up their meetings, but without issuing a joint statement. The officials will make adjustments to a draft at working-level talks, although it wasn't clear what specific issues need fixing.
The officials from 21 APEC member economies have been discussing trade, boosting investment and realizing sustainable economic growth in the region.
But concern is mounting around the globe that the election of Donald Trump may lead to more protectionist policies in the US, and further intensify trade friction between Washington and Beijing.
Trump pledged during his campaign to hit imports with tariffs of 10 to 20 percent.
Both the US and China are APEC members. The forum promotes free and open trade. Now, the question is whether members can find enough common ground to forge a joint statement.
The officials from 21 APEC member economies have been discussing trade, boosting investment and realizing sustainable economic growth in the region.
But concern is mounting around the globe that the election of Donald Trump may lead to more protectionist policies in the US, and further intensify trade friction between Washington and Beijing.
Trump pledged during his campaign to hit imports with tariffs of 10 to 20 percent.
Both the US and China are APEC members. The forum promotes free and open trade. Now, the question is whether members can find enough common ground to forge a joint statement.
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Summary
APEC ministers concluded meetings without a joint statement, with adjustments needed on a draft at working-level talks. The forum, attended by 21 economies including the US and China, focused on trade, investment, and sustainable growth. However, global concern is rising over potential
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ID: 35dd4518-76e0-4e0b-9713-c69cbac19e61
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20241115_B01/
Created: 2024/11/15 19:00
Updated: 2025/12/08 08:51
Last Read: 2024/11/16 08:05