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What will be the outcome of APEC summit discussions on trade by end of 2024?
2
Resolution / Starting Odds
Consensus on reducing protectionism • 25%
No agreement reached • 25%
Increased trade tensions • 25%
Other outcome • 25%
Official APEC summit declarations or reports from attending nations
Story
Xi Jinping Ready to Work with Trump, Meets Biden at APEC Summit in Peru
Nov 16, 2024, 10:40 PM
Chinese President Xi Jinping met with U.S. President Joe Biden for the last time during Biden's term at the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Peru. Xi expressed his readiness to work with the incoming Trump administration to manage U.S.-China relations, emphasizing the need for cooperation and dialogue to navigate the transition smoothly. The meeting took place amidst discussions on various global issues, including the threat of protectionism, potential trade wars under President-elect Donald Trump, North Korea's alliance with Russia, AI safety, climate change, and concerns over China's alleged hacking during the 2024 campaign. Xi's comments were seen as a veiled critique of Trump's tariff threats, highlighting concerns over unilateralism and protectionism. Biden, in his remarks, expressed pride in the progress made during his tenure with Xi and stressed the importance of competition over conflict in U.S.-China relations.
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Agreement on cyber norms • 25%
Increased cybersecurity dialogue • 25%
No agreement • 25%
Other outcomes • 25%
Increased economic cooperation with China • 25%
No significant change • 25%
Increased economic restrictions on China • 25%
Other • 25%
Increased tariffs on China • 25%
Increased tariffs on EU • 25%
New trade deal with China • 25%
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Major restructuring • 25%
Minor adjustments • 25%
No changes • 25%
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Strengthened AI control measures • 25%
No significant changes • 25%
Relaxed AI control measures • 25%
No consensus reached • 25%
Successful agreement reached • 25%
No agreement, tariffs imposed • 25%
Ongoing negotiations • 25%
Negotiations stalled • 25%
Trade agreements • 25%
Climate change • 25%
Digital economy • 25%
Supply chain resilience • 25%
New trade deal reached • 25%
Trade negotiations stall • 25%
Trade war escalates • 25%
Status quo maintained • 25%
New trade agreement • 25%
Increased tariffs • 25%
Status quo maintained • 25%
Escalation of trade tensions • 25%
New trade agreement reached • 25%
Increased tariffs without agreement • 25%
Status quo maintained • 25%
Other outcome • 25%
Trade agreement reached • 25%
Tariffs imposed • 25%
Status quo maintained • 25%
Other outcome • 25%