Apec nations pivot trade priorities in light of Donald Trump’s proposed trade tariffs

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Apec nations pivot trade priorities in light of Donald Trump’s proposed trade tariffs
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Anthony Albanese meets with leaders of Peru and Indonesia as middle nations seek to diversify trade away from the US

The Canadian prime minister, Justin Trudeau, the US president, Joe Biden, and the Australian prime minister, Anthony Albanese, share a joke at Apec.The Canadian prime minister, Justin Trudeau, the US president, Joe Biden, and the Australian prime minister, Anthony Albanese, share a joke at Apec.

Albanese also said he had a “friendly” private discussion with the US president, Joe Biden, at the meeting who he said was “in good form”, while Albanese confirmed he did not speak to China’s president,, Albanese said: “I’m not a commentator … but what I’ve done with China is work in the way that we said we would before the election.”

“ is sort of a mega lame-duck president because not only is he going out of office, but the president following him, it’s clear that his policies are going to be starkly different to Biden’s,” Wakefield said.That has led nations to pivot their trade priorities, including potential shifts towards China but also among the middle nations in the region.

Australia would be pushing to liberalise trade through measures such as digitising trade documents to increase efficiency, promoting its green agricultural products and building on trade cooperation, former trade minister and Australian Apec Study Centre director Craig Emerson said.

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