World leaders gather in South America for APEC and G20 summits as Trump’s election victory shapes discussions
World leaders are gathering in South America for two major summits this month, starting with the Asia-Pacific Economic Cooperation (APEC) forum in Peru from November 13-15, followed by the G20 meeting in Brazil on November 18-19. The focus is on the implications of Donald Trump's recent election victory. At APEC, leaders will discuss energy transition financing and technology regulation, but Trump's proposed trade barriers are expected to dominate discussions. Concerns about his hardline stance on China and tariffs are prevalent among member nations, which account for nearly half of global trade. Outgoing President Joe Biden will attend APEC, but his influence is limited due to Trump's election win. Meanwhile, Chinese President Xi Jinping will also participate, marking his first visit to Latin America since the pandemic, as he seeks to strengthen ties with regional leaders.