Pacific rim leaders to debate future of trade post trump

You're referring to the Pacific Rim leaders' meeting, also known as the Asia-Pacific Economic Cooperation (APEC) Summit, which took place in November 2018 in Port Moresby, Papua New Guinea. The summit brought together leaders from 21 Pacific Rim countries, including the United States, China, Japan, South Korea, and others, to discuss trade and economic issues.

The meeting was significant because it came at a time when global trade tensions were escalating, particularly between the United States and China. The Trump administration had imposed tariffs on hundreds of billions of dollars' worth of Chinese goods, and China had retaliated with its own tariffs on US goods.

During the summit, the leaders of the Pacific Rim countries debated the future of trade and the impact of the US-China trade tensions on the global economy. The meeting was seen as an opportunity for the leaders to discuss ways to address the trade tensions and promote free and open trade in the region.

Some of the key issues discussed during the summit included:

1. The impact of the US-China trade tensions on the global economy: The leaders expressed concerns about the potential economic fallout from the trade tensions, including higher prices for consumers and reduced investment.
2. The importance of free and open trade: The leaders emphasized the importance of free and open trade in promoting economic growth and development in the region.
3. The need for a rules-based trading system: The leaders called for a rules-based trading system that is fair and transparent, and that promotes cooperation and dialogue between countries.
4. The role of the Asia-Pacific region in global trade: The leaders discussed the importance of the Asia-Pacific region in global trade, and the need for the region to work together to promote trade and economic cooperation.

The summit concluded with a joint statement that emphasized the importance of free and open trade, and the need for countries to work together to promote economic cooperation and address the challenges facing the global economy.

Some of the key outcomes of the summit included:

1. The adoption of a joint statement that emphasized the importance of free and open trade and the need for countries to work together to promote economic cooperation.
2. The establishment of a new APEC initiative to promote trade and economic cooperation in the region.
3. The agreement to continue to work together to address the challenges facing the global economy, including the impact of the US-China trade tensions.

Overall, the Pacific Rim leaders' meeting was an important opportunity for the leaders of the region to discuss the future of trade and the impact of the US-China trade tensions on the global economy. The meeting highlighted the importance of free and open trade, and the need for countries to work together to promote economic cooperation and address the challenges facing the global economy.