APEC warns of tariff impact on trade as China, US trade reps meet
The Asia-Pacific Economic Cooperation (APEC) grouping warned on Thursday that exports in the region will barely grow this year amid the onset of US tariffs, as the U.S. and Chinese trade representatives met on the sidelines of the gathering.
The 21-member APEC bloc projected exports in the region would rise by only 0.4% this year, compared with 5.7% last year, in a regional trends analysis report released at its 2025 meeting of ministers responsible for trade in South Korea's resort island of Jeju.
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