The Asia Pacific Economic Cooperation summit ends in disarray as trade tensions between the U.S. and China take center stage.
Papua New Guinea
Vice President Mike Pence vows the U.S. will not change course on tariffs until China makes concessions to alleviate the trade deficit. While speaking at the APEC summit Saturday in Papua New Guinea, Pence warned the U.S. is willing to double its current tariffs on Chinese goods. Current duties affect more than $250 billion worth of products, and may be playing a role in China’s slowing economy.
Vice President Mike Pence has touched down in Japan, where he is set to represent the U.S. in two important summits across Asia.
According to a Japanese media, President Trump and Japanese Prime Minister Shinzo Abe held a phone call to discuss trade and North Korea.