GYEONGJU, South Korea –
Facing deepening fractures in the global trade order, Asia-Pacific leaders adopted a joint declaration that emphasized the need for resilience and shared benefits in trade at the end of the annual APEC summit on Saturday.The Asia-Pacific Economic Cooperation meeting, hosted by South Korea this year, unfolded under the shadow of rising geopolitical tensions and aggressive economic strategies — ranging from U.S. tariffs to China’s export controls — that have pressured global trade.Ahead of the gathering, U.S. President Donald Trump announced trade deals with a number of countries, including China and South Korea. But he left before the summit kicked off.
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