Apec summit: Trump and Xi offer competing visions for trade (BBC News)




US President Donald Trump and his Chinese counterpart Xi Jinping have set out starkly different visions for the future of global trade in speeches at a summit in Vietnam.

In a defiant address, Mr Trump told the Asia-Pacific Economic Co-operation (Apec) meeting that the US would no longer tolerate "chronic trade abuses".

In contrast, President Xi said globalisation was irreversible.

Mr Trump is currently on a five-nation Asia tour, with China one of his stops.

Apec brings together 21 economies from the Pacific region - the equivalent of about 60% of the world's GDP.

Since taking office, President Trump has pursued his "America First" agenda and pulled the US out of the regional Trans-Pacific Partnership - a major trade deal with 12 Apec nations - arguing it would hurt US economic interests.

Source BBC News

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