Register
Login:
Share:
Email Facebook Twitter

PHARMA: Heat Biologics - a 'potentially transformative' lung cancer treatment, Phase II data Q3 2018 Watch here

Looking for big risk, big reward investing? See our exclusive Pharma video series from 'Biotech and Money'


ShareCast News


Trump lashes out at 'trade abuses' in APEC speech

Fri, 10th Nov 2017 14:49


(ShareCast News) - US President Donald Trump has lashed out at unfair trading practices during a key speech at the Asia-Pacific Economic Cooperation summit in Vietnam.

The APEC conference is the main stop on his 12-day tour of Asia, which also includes visits to China, Japan, and the Philippines.

Trump has been critical of Beijing in the past and accused it of manipulating its currency and other unjust trade tactics.

Whilst he did not specifically name China in his rant, Trump cited many of the things he has accused its government of in the past.

"We can no longer tolerate these chronic trade abuses, and we will not tolerate them," Trump said.

The President won the US election just over one year ago on campaign promises that he would put "America First" on trade and other issues.

"Despite years of broken promises, we were told that some day soon everyone would behave fairly and responsibly [...] but it never has."

"The current trade imbalance is not acceptable," Trump added.

Chinese president Xi Jinping also spoke at a conference in Da Nang, Vietnam, and talked up the benefits of free trade, encouraging others to enter into multilateral trade deals.

"We should support the multilateral trading regime and practise open regionalism to allow developing members to benefit more from international trade and investment," Xi said in his speech.




Back to ShareCast News


Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk




Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.