Trump Addresses APEC CEO Summit, Emphasizes US Investment
US President Donald Trump delivered keynote remarks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in
Gyeongju, South Korea, highlighting the importance of global firms expanding their US investments. The summit brought together over 1,700 business leaders from 21 Asia-Pacific countries to discuss pressing economic issues, including trade tensions and investment opportunities.
Trump’s speech was part of a high-stakes summit that also featured bilateral talks with South Korean President Lee Jae Myung, focusing on trade, investment, and peace on the Korean Peninsula. The two leaders discussed key issues, including.
TradeDeal: Finalizing a framework trade deal reached in July, with Seoul and Washington offering differing assessments of ongoing negotiations
Defense Spending: South Korea’s defense cost, currently 2.3% of GDP, with the US urging an increase to 3.5%
US Visas for South Korean Workers: Improving access to visas for South Korean workers to set up and manage business facilities in the US
The APEC CEO Summit also saw participation from other global leaders, including CEOs from top companies like Amazon, Google, and Microsoft.
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