Biden and Xi prepare for key meeting as Albanese arrives at APEC summit in Peru
Prime Minister Anthony Albanese has arrived in Peru for the Asia Pacific Economic Cooperation (APEC) summit, focusing on free trade amid concerns over potential tariffs from incoming U.S. President Donald Trump. Albanese plans to advocate for open trade during the summit, emphasizing its importance to Australia’s economy. He will meet with other leaders, including Indonesian President Prabowo Subianto and possibly Chinese President Xi Jinping. Chinese President Xi and U.S. President Joe Biden are set to meet on Saturday, marking their last formal meeting before Trump takes office. Economists warn that Trump's proposed tariffs could negatively impact global growth.