US-China spat casts shadow over Asia-Pacific free trade drive - News Summed Up

US-China spat casts shadow over Asia-Pacific free trade drive


US and China’s on-again, off-again trade dispute is casting a shadow over Asia-Pacific nations’ efforts to further open up global trade. Photo: APCanberra: The US and China’s on-again, off-again trade dispute is casting a shadow over Asia-Pacific nations’ efforts to further open up global trade, a senior Australian government official said. “The two giants in the room are having issues,” Australia’s Assistant Trade Minister Mark Coulton said on the conference sidelines Saturday. Asian economies, which include many Apec members, would suffer more than China if Trump made good on his threats, according to an analysis by Bloomberg Economics. “They’ve both indicated their basic commitment to free trade.


Source: Mint May 26, 2018 04:30 UTC



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