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Xi Champions Free Trade at APEC Amid US Tensions

10/31/2025

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Story summary
  • Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea urged free trade and multilateral cooperation to counteract US tariffs' impact on the global economy.
  • He emphasized maintaining supply chains.
  • U.S. President Donald Trump left the summit early after discussions with Xi about a potential trade truce.
  • South Korean President Lee Jae Myung urged APEC members to collaborate for common prosperity as trade momentum declines.