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Trump Plans To Deliver Major Trade Announcement

Trump Plans To Deliver Major Trade Announcement”

But, during the 25th Asia-Pacific Economic Cooperation summit on Saturday, with its theme of "Creating new dynamism, fostering a shared future", sharp divisions among the leaders were apparent; open and free trade versus protectionism - the latter strongly supported by U.S. President Donald Trump.

On Sunday, Trump will fly on to Manila to meet with Philippine President Rodrigo Duterte and other leaders of the Association of Southeast Asian Nations (ASEAN) and of the East Asia Summit (EAS). "We want progress, not provocation", Trump said at a press conference in Hanoi alongside Vietnamese President Tran Dai Quang.

The meeting among the US president, Australian Prime Minister Malcolm Turnbull and Japanese Prime Minister Shinzo Abe signaled their growing concerns about China's power in the Indo-Pacific region - and the potential threat that North Korea poses to its neighbors.

In brief remarks prior to media being ushered out of the meeting, Turnbull said North Korea's "recklessness" needed to be stopped, while Abe said the most immediate challenge was to ensure regional peace and stability.

"We'll be making a statement when we get back, from the White House, sometime during Wednesday", he said.

"We've made some very big steps with respect to trade, far bigger than anything you know, in addition to about $300 billion in sales to various companies, including China", Trump said in Manila, Philippines Monday.

"We have deficits with nearly everybody".

Both Trump and Turnbull were expected to hold another meeting Tuesday after asking ASEAN officials to schedule a dinner between them.



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