×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: APFN | AS | ASEAN | Trade

Southeast Asian Summit Puts Focus on Trade Tensions, Trends

Southeast Asian Summit Puts Focus on Trade Tensions, Trends

Monday, 12 November 2018 10:38 PM

SINGAPORE (AP) — The potential damage to the global trade brought on by President Donald Trump's tariffs battle with Beijing is looming as leaders of Southeast Asian nations, China, the U.S. and other regional economies meet in Singapore this week.

Newly imposed tariffs on billions of dollars' worth of each other's exports resulting from a battle between the U.S. and China over technology policy and other issues have begun to bite.

It's unclear if the region's reliance on trade will lead ASEAN to push ahead with a free trade pact that would commit member countries to opening markets further this week. But the talk in Singapore was of freer trade.

Premier Li Keqiang told a business forum Monday that no country can handle trends toward more protectionism, uncertainty and other destabilizing factors alone.

© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
The potential damage to the global trade brought on by President Donald Trump's tariffs battle with Beijing is looming as leaders of Southeast Asian nations, China, the U.S. and other regional economies meet in Singapore this week.Newly imposed tariffs on billions of...
APFN,AS,ASEAN,Trade
132
2018-38-12
Monday, 12 November 2018 10:38 PM
Newsmax Media, Inc.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved