APEC Leaders Watch Protection Trade in Trump Elections

[Anchor]
In Peru, the Asia-Pacific Economic Cooperation (APEC) summit is being held for two days.

Inclusive trade and sustainable growth are the main agendas, and leaders of each country are wary of the impact of U.S. President-elect Trump's protectionism.

I'm connecting to the international department. Reporter Kim Do-won, please tell us.

[Reporter]
The APEC summit, attended by 21 member countries, kicked off in Lima, Peru.

It is the first major international conference since former U.S. President Donald Trump's victory in the presidential election with protectionism.

Trump insists on U.S. priority, including 60% tariffs on China and 10-20% on all countries,
President Yoon Suk Yeol, who attended the
conference, stressed the importance of a multilateral trading system. Let's listen to it.

[Yoon Suk Yeol / President: The world is facing a crisis of multilateral trading systems due to supply chain segmentation and protectionism]

Canadian Prime Minister Trudeau indirectly criticized Trump, saying that trade negotiations should benefit everyone and not approach him in a way that he wants to see a game. Let's listen to it.

[Justin Trudeau / Canadian Prime Minister] If we're negotiating with the United States or other countries and saying, "Well, how do we win and make other countries lose," that's not going to work.]

Chinese President Xi Jinping also stressed in his speech that some countries should not be allowed to exercise hegemony.

Although he did not directly mention it, it is believed to be aimed at the U.S. and Trump.

The APEC summit will continue until the 16th local time, and we are interested in whether each country can make a common voice.

Earlier, shortly after the 2016 U.S. presidential election, when former President Trump was first elected, the APEC summit adopted a joint declaration to reject all forms of protectionism.

[Anchor]
Among the so-called G2 countries, U.S. President Biden is about to leave office, so attention will be paid to Chinese President Xi Jinping's activities.

[Reporter]
Yes, President Xi has taken a wide range of steps by holding a series of summits with the leaders of each country separately.At a meeting with new Japanese Prime Minister Shigeru Ishiba, President ∀
proposed establishing a stable relationship, saying that the current Sino-Japanese relationship, which is rapidly changing in international circumstances, is at a critical crossroads.

At the meeting, Prime Minister Ishiba said he had no intention of reducing trade with China, a so-called "decoupling," China's Xinhua news agency reported.President

also met with the Prime Minister of Singapore, the Prime Minister of Thailand, the Prime Minister of New Zealand, and the President of Chile to discuss strengthening economic cooperation.

Ahead of Trump's inauguration, he seems to be trying to secure allies.President

Xi will also meet with U.S. President Biden, who is set to retire, on the 16th local time for farewell talks.

I'm Kim Do Won of YTN in the international department.