Trade Fragmentation Deepens: The omission of multilateral language from the declaration signals an irreversible move toward regional and bilateral trade systems. China Gains Diplomatic Ground: Xi’s leadership presence positions China as a key architect of post-WTO economic norms. U.S. Strategy Shifts to Selective Engagement: Trump’s bilateral deals reflect Washington’s pivot toward transactional trade diplomacy. APEC’s … Continue reading APEC Summit 2025 Ends with Shifting Trade Alliances and Uncertain Multilateral Future