Tag: Asia-Pacific Summit

NOVANEWS By Mike Head World Socialist Web Site   The uncertainty, instability and political recalibrations being produced in governments around the world by Donald Trump’s win in the US presidential election were on display at this weekend’s Asia Pacific Economic Cooperation (APEC) summit in Lima, Peru. Formally, the US was represented by its lame duck president, Barack Obama, but Trump’s election cast a long shadow over the gathering of 21 government leaders. There was a clear sense of growing pessimism as the incoming Trump administration adopts a more nakedly protectionist, nationalist and militarist policy. With his threats of imposing 45 percent tariffs on Chinese and other imports, supposedly to protect “American jobs,” Trump has cast aside the pretences of “free trade” ...