APEC leaders vow to fight protectionism, look to China on trade

Submitted by admin on Fri, 12/09/2016 - 15:08

Pacific Rim leaders vowed...to fight protectionism and Chinese officials said more countries are looking to join a China-led trading bloc after Donald Trump's election victory raised fears the United States would scrap free trade deals.

Trump campaigned for U.S. president on a promise to pull out of the 12-nation Trans-Pacific Partnership (TPP) trade deal, and also threatened to impose steep tariffs against China and Mexico.

Regional leaders responded..., saying they would push ahead with the TPP.

This has been excerpted from the 20 November 2016 edition of Reuters Canada and is available in its entirety at:
http://ca.reuters.com/article/businessNews/idCAKBN13F117