trump: The summit comes just over a week after Donald Trump won in the US presidential election, casting doubt on whether the largest ever US-proposed trade deal, the Trans-Pacific Partnership TPP would come to fruition, according to Australian Broadcasting Corporation. Mr Trump campaigned against the TPP and the North American Free Trade Agreement NAFTA as bad for US jobs. AP Esteban Felix Related Story Turnbull arrives at APEC Summit after failed bid at Trump meeting Related Story Australia to champion free trade as APEC talks begin Map Peru Chinese President Xi Jinping has pledged to further open China economy, as leaders of Asia-Pacific countries sought new trade options at this year APEC meeting in Peru. He said he would scrap the TPP and threatened to impose tariffs on imports from China and Mexico. Mr Xi has been selling an alternate vision for regional trade by promoting the Beijing-backed Regional Comprehensive Economic Partnership RCEP which as it stands excludes the Americas. Chinese delegates said Beijing would take the lead on trade if Washington turned toward protectionism.
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