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Published ChinaUpdated

Asia-Pacific trade envoys to discuss multilateral cooperation in tariff era

  • Asia-Pacific trade envoys from 21 APEC economies will meet for two days starting Thursday on Jeju Island, South Korea, to discuss multilateral cooperation.
  • The meeting follows rising protectionism triggered by U.S. President Trump's high tariffs targeting over half of APEC members amid global trade tensions.
  • Participants will hold closed-door sessions covering WTO reform, advancing a free trade area, digital trade, AI readiness, and sustainable growth under current global challenges.
  • The WTO recently downgraded its global trade forecast from solid growth to decline, while U.S. Trade Representative Jamieson Greer plans a bilateral trade talk with South Korea on Friday.
  • The meeting suggests cautious progress amid political turmoil in South Korea and ongoing trade talks led by Washington, with no expectation of rapid deals with South Korea or Japan.
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Colorado Springs GazetteColorado Springs Gazette
+3 Reposted by 3 other sources
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Asia Pacific trade envoys to discuss multilateral cooperation in tariff era

By Jihoon Lee

·Colorado Springs, United States
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Forum promoted by the CNA/Senar System in São Paulo discussed the economic environment, new geopolitical and impact of Donald Trump's tariff in the tropical area

·Brazil
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regionalmedianews.com broke the news in on Tuesday, May 13, 2025.
Sources are mostly out of Singapore (2)

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