leaders: The US president and other top world leaders, including China Xi Jinping and Russia Vladimir Putin, are in Lima, Peru for an Asia-Pacific Economic Cooperation APEC summit whose staid agenda has been hijacked by the Republican billionaire shock election win last week, according to Nine News Australia. On Saturday, Mr Obama will meet leaders of the 12 countries negotiating the Trans-Pacific Partnership, or TPP, a vast US-led trade accord that Mr Trump opposes and now faces an uncertain future. AFP Barack Obama faced tough questions Saturday about Donald Trump victory on the last foreign visit of his presidency, to a summit of Pacific leaders that has been upended by the US election and concerns about China rise. Although the White House admits the chances of passing the deal are slim, Mr Obama will urge leaders to give the new president time to formulate his policy. But there is little chance Mr Trump Republican allies in Congress would ratify TPP anytime soon. From Mr Obama down, officials have stressed that the election has not changed US economic and strategic interests, and that Mr Trump may yet recalibrate his views.
(news.financializer.com). As
reported in the news.
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