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Echoing Trump, Asia-Pacific leaders say will fight 'unfair trade practices'

In a boost for the principle of multilateral trade pacts, countries in the Trans Pacific Partnership (TPP) trade deal agreed on the core element to move ahead without the United States.

Reuters  |  DANANG, Vietnam 

DANANG, Vietnam. Asia-Pacific leaders agreed on Saturday to address "unfair trade practices" and "market distorting subsidies" in a statement that bore the imprint of U.S. President Donald Trump's efforts to reshape the global trade landscape. The summit of Asia-Pacific Economic Cooperation (APEC) countries in Vietnam has put on show the contrasting vision of Trump's "America First" policy with the traditional consensus favouring multinational deals that China now seeks to champion. On the sidelines of the APEC summit, 11 countries kept ...

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First Published: Sun, November 12 2017. 11:47 IST