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South Korea's APEC Aspirations Diminish as Trump and Xi Forge Trade Talks
South Koreas aspirations for tariff relief diminish as Donald Trump and Xi Jinping focus on trade negotiations ahead of the Asia-Pacific Economic Cooperation summit.
- U.S. President Donald Trump is scheduled to visit South Korea on Wednesday but will depart the following day, missing key sessions of the Asia-Pacific Economic Cooperation forum.
- Despite intensive negotiations, South Koreas hopes for a significant breakthrough on tariffs have diminished as Trump and Chinas Xi Jinping prioritize their own trade discussions.
- The trade talks between Trump and Xi Jinping come at a critical time for South Korea, which seeks to bolster its economy amid ongoing trade tensions in the region.
Why It Matters
The outcome of the trade discussions between Trump and Xi Jinping could reshape economic relations in the Asia-Pacific region, impacting South Koreas position and its trade policies significantly.