Summit Smiles Amid Tariff Tensions: ASEAN's Call for Trade Harmony
China pushes for open trade at ASEAN summit in Malaysia amid concerns over U.S. tariffs. Prime Minister Mark Carney signals willingness to negotiate with President Trump. RCEP holds summit to enhance regional trade. EU eyes trade pacts with Asian countries while addressing China's export controls.
At a crucial ASEAN summit in Malaysia, China emphasized the need for open trade in the wake of U.S. tariff threats, urging regional leaders to reject protectionism. Premier Li Qiang advocated for safeguarding peace and economic stability in East Asia amidst a backdrop of U.S.-initiated tensions.
Canadian Prime Minister Mark Carney expressed readiness to negotiate with U.S. President Donald Trump, notwithstanding the recent tariff controversies. Meanwhile, trade discussions across Asia and the Pacific intensified, with leaders striving to foster integration through new agreements.
A RCEP summit highlighted the bloc's trade potential, aimed at resisting U.S. tariff impacts. Concurrently, European concerns over China's rare earth export restrictions emerged, indicating a complex web of trade-related challenges ahead.
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