APEC ‘CONCERNED’ OVER CHALLENGES TO GLOBAL TRADE
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16.05.2025


The Straits Times (16 May 2025)

 

The Asia-Pacific Economic Cooperation (Apec) said on May 16 that it was “concerned” over the challenges to global trade, as ministers from the group’s members met in South Korea in the shadow of growing woes from US tariffs.

Trade ministers from the top economies that make up Apec are meeting on South Korea’s Jeju Island amid concerns for the global trading system since US President Donald Trump unveiled bombshell levies on most partners.

The US is a key Apec member and was represented by trade representative Jamieson Greer, who held a series of bilateral meetings with nations eager to soften the blow of Washington’s tariffs.

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