China’s Xi Calls For ‘Smooth Transition’ In Relationship With US

Obama, while speaking in Lima, Peru on the final day of his last trip overseas, spent the majority of his trip answering questions on what a Trump presidency will mean for global allies – including America’s influence globally. Rogers met with Trump last week.

The Apec economic leaders’ photo session has been a tradition among the 21 Pacific Rim leaders.

He said while the pact’s future in the US remains bleak, other TPP member countries continue to progress in their respective ratification processes.

Though Obama declined to explicitly offer Trump advice, the president said he’d been served well by selling his assets and investing them in Treasury bills.

US President Barack Obama used a last minute chance to once again personally call on his Russian counterpart Vladimir Putin to end violence in Syria and Ukraine.

Throughout the campaign, the Kremlin insisted that it had no favorites and rejected the claims of interference in the USA election.

Sitting down with Prime Minister Malcolm Turnbull of Australia, Obama said he assured Turnbull that the alliance between their countries would remain as strong as ever.

Obama also defended the political skill of House Minority Leader Pelosi, but did not weigh in on the challenge to her leadership position in Congress.

US President Barack Obama on Sunday defended free trade as fellow Asia-Pacific leaders vowed to fight protectionism after Donald Trump’s shock election victory sparked fears for the future of global commerce.

In June, Trump promised he would scrap the TPP within the first 100 days of his presidency, calling it the “death blow for American manufacturing” in an appeal to working class voters.

In a news conference at the closing of the APEC summit in Peru, Obama said the United States should not retreat from global trade, but seek to “do trade right” so that workers are protected and environmental standards are upheld.

Pedro Pablo Kuczynski, Peru’s President hosted the APEC summit. In that respect, the latest summit in Lima, Peru, was business as usual.

Obama praised Trudeau and said he looked forward to the prime minister’s continued leadership on those issues in the coming years.

Obama and Putin have long had a strained relationship.

The jarring gap between Obama’s public face and the prevailing Democratic sentiment about Donald Trump’s election was an unexpected element to Obama’s final presidential trip, which included visits to Greece, Germany and Peru.

Obama and Putin aren’t expected to have any formal meetings while both are in Peru.

Trump’s victory and the potential demise of the TPP means that even longtime U.S. allies may soon be turning to Beijing in a region hungry for trade.

“The Trump Administration is saying they can do a better job in negotiating, there are some fairly basic things that could be done to renegotiate TPP that would be good for us and that I think other countries would be amenable to”.

The executive director of the APEC secretariat says the goal for Sunday’s meetings is for leaders to figure out how to implement what he calls “soft globalization” – another way of saying inclusive and sustainable growth that is the theme of this year’s summit.

Trump’s election overshadowed every stop on Obama’s trip.