US tariffs take centre stage at Apec trade gathering, joint statement in doubt

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SEOGWIPO, South Korea - The Asia-Pacific Economic Cooperation's trade gathering comes to a close on Friday with divisions over US tariffs and reforms to the world trade body putting the adoption of a joint statement in doubt, according to some diplomats.

Greer held talks with China's Vice Commerce Minister Li Chenggang, less than a week after their first face-to-face talks in Geneva on May 10-11, where they agreed to significantly lower tariffs for 90 days.

Apec warned on Thursday that exports from a region that accounts for around half of world trade will slow sharply this year, and barely grow at all, in the wake of US tariff announcements.

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Category: EconomyBusiness

Markets: ThailandAustraliaCanadaChinaJapanSouth KoreaMalaysiaSingaporeUnited States

Topics: Cheong Economies Greer Minister Thursday Held Korea Ministers South Meeting Trade

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Article Type: News Report

Published On: 2025-05-16 @ 09:16:00 (15 hours ago)

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News Source URL: bangkokpost.com

Language: English

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