Trump and Xi: Spotlight on APEC's Decisive Summit Amid Global Trade Tensions

The Asia-Pacific Economic Cooperation (APEC) forum commenced in Gyeongju, South Korea, drawing leaders from 21 Pacific Rim economies to address critical trade issues. The week's discussions, potentially overshadowed by U.S. President Donald Trump's global tariffs, aim to advance cooperation and tackle economic barriers.

President Trump is set to arrive on Wednesday, ahead of his meeting with Chinese President Xi Jinping, marking their first face-to-face encounter in his second term. This high-stakes engagement seeks to mitigate ongoing trade tensions between the two superpowers. Additionally, South Korea aims to progress on a trade agreement with the U.S. during Trump's visit.

APEC, established in 1989, comprises influential economies that provide over 50% of the world's GDP. The forum strives to reduce trade barriers and embrace digital transformation. Discussions will focus on sustainable energy solutions, food security, and enhancing opportunities for marginalized groups, amidst a backdrop of non-binding resolutions.