Trade Tensions Dominate APEC Summit Talks Between US and China in South Korea
Published on 5.21.25
The APEC meeting will bring together trade chiefs from major economies, including US Trade Representative Jamieson Greer, who will be a key figure in navigating the complex global trade environment. The meeting is expected to focus on promoting free trade through multilateral cooperation.
China's President and Chief Economist Zhiwei Zhang views the recent US-China tariff cut as a success for China, highlighting their tough stance without making concessions. This shift in negotiating dynamics has led some countries to take a tougher position in their trade talks with the US. For instance, other nations are standing firm, potentially forcing Trump to capitulate.
US President Donald Trump's tariffs have created a complex global trade environment, which will be discussed at the APEC meeting in South Korea.