US EditionAPEC 'concerned' over challenges to global trade
- The Asia-Pacific Economic Cooperation group expressed concern over issues impacting global trade in a joint statement from ministers in South Korea, which includes members like China.
- Carlos Kuriyama stated that uncertainty from tariff hikes and measures has affected business confidence, causing firms to delay investments.
- Mary Ng emphasized the need for trade agreements that provide predictability for companies and countries.
- Trade ministers from APEC stated that the uncertainty is affecting business confidence, causing delays in investments and product launches.
74 Articles
74 Articles
Tariff ‘uncertainty’ looms over APEC as ministers call for plurilateral action
Asia-Pacific Economic Cooperation leaders used a just-concluded trade meeting this week to warn that rising tariffs and trade disputes risk dampening the region’s economy even as its members -- including the U.S. -- issued a joint statement backing “plurilateral” efforts such as the World Trade Organization and a long-stalled free trade initiative. “From tariff hikes and retaliatory measures to the suspension of trade facilitation procedures and…
Watauga Democrat
APEC says 'concerned' over challenges to global trade
The Asia-Pacific Economic Cooperation group said Friday that it was "concerned" over the challenges to global trade, as ministers from APEC countries met in South Korea in the shadow of growing woes from US tariffs.
Apec highlights 'fundamental challenges' in global trade as tariffs overshadow meeting
SEOGWIPO, South Korea - The Asia-Pacific Economic Cooperation's trade gathering adopted a statement on Friday that cited "fundamental challenges" facing the global trading system, but stopped short of discussing a joint response to US tariffs overshadowing the meeting.
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