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Asia-Pacific leaders wrap up APEC summit after Trump and Xi agreement on trade truce
The Statesman Delhi
|November 02, 2025
Leaders of 21 Asia-Pacific Rim nations wrapped up their annual summit Saturday with a statement underscoring regional economic cooperation, just days after the presidents of the United States and China agreed to dial down their trade war.
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After two days of the Asia-Pacific Economic Cooperation summit in the South Korean city of Gyeongju, APEC leaders issued a joint statement pledging greater cooperation to overcome shared challengesina globaleconomy hit hard by trade tensions between the US and China, theworldstwolargest economies.
On Thursday, US President Donald Trump and China’s Xi Jinping ~ who met on the sidelines ofthe APEC summit ~dialed back earlier steps and agreed to deescalate trade tensions. Trump, known for his dismissal of multilateralism, quickly left South Korea after theagreement with Xi, allowing the Chinese president to steal the limelight at the summit.
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FLERE HISTORIER FRA The Statesman Delhi
The Statesman Delhi
'India's growing global stature reflects the emergence of a Viksit Bharat'
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