Amid Global Trade Turmoil, APEC Faces Unprecedented Challenge Under Trump-Xi Shadow
This year’s APEC summit lays bare the fractures in global trade, as President Trump’s America First tariffs disrupt decades of multilateral cooperation, forcing allied nations to navigate a fraught path between Washington and Beijing.
As leaders from the Pacific Rim gather in South Korea for this year’s Asia-Pacific Economic Cooperation (APEC) summit, the forum designed to champion free trade faces a stark new reality. Once a platform promoting economic cooperation under a rules-based international order led by America and its allies, the gathering is now overshadowed by President Donald Trump’s assertive America First trade policies that shake the foundations of global commerce. Is Free Trade an Endangered Ideal in the Face of America First? Since its inception in 1989, APEC has been a symbol of postwar globalization, fostering tariff reductions and economic collaboration among...
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