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GlobalizationAsia

APEC summit: Can Trump and Xi cool the US-China trade war?

October 29, 2025

As the Asia-Pacific Economic Cooperation (APEC) summit kicks off in South Korea, all eyes are on US President Trump and Chinese leader Xi. Can the world's most powerful politicians deescalate the US-China trade war, or will tariffs and tech tensions tip markets into turmoil?

https://p.dw.com/p/52hq8

World leaders from 21 Asia-Pacific nations are gathering in Gyeongju, South Korea, for the APEC Summit, with trade relations and escalating tariff disputestopping the agenda. The summit brings together economic giants including the US, China, Russia, Canada and Australia, countries that collectively account for 60% of global GDP.

A potential meeting between US President Donald Trump and Chinese President Xi Jinping could prove pivotal, as tensions rise over proposed tariffs and China's control of rare-earth exports. The outcome may influence future cross-border investment and global supply chains.

(This video summary was created by AI from the original DW script. It was edited by a journalist before publication.)