Tradelines News

Get the latest news and updates on cross-border customs and international trade.

U.S. Sticks to Own Free Trade Vision as China Touts Another

Posted November 10, 2014

Under Uncategorized


Washington will prioritize its own plans for an Asia-Pacific free trade agreement, a top U.S. official said Sunday, even as China seeks to elevate a broader vision for the region.

The rival trading powers’ ideas on opening markets have injected an element of discord at the annual gathering of leaders from the Asia-Pacific Economic Cooperation (APEC) bloc, hosted this year by Beijing.

U.S. Trade Representative Michael Froman said Washington would remain focused on plans it is pursuing outside APEC for a 12-nation Trans-Pacific Partnership (TPP), which excludes China. Read more here.