Fears of Trump trade wars cast pall over Asia-Pacific summit [Video]

The presidents of the United States, China and other Asia Pacific nations gather in Lima this week for an economic summit overshadowed by the prospect of a world embroiled in trade wars under Donald Trump.

It will be the last Asia-Pacific Economic Cooperation (APEC) summit for Joe Biden before he hands the presidency to Trump next year after a rout for the Democratic Party in November 5 presidential elections.

Trump’s “America First” agenda, with protectionist stances on global commerce, fossil fuel extraction and foreign conflicts, is threatening alliances Biden had built on issues ranging from the wars in Ukraine and the Middle East, to climate change and trade.

Biden will be in the Peruvian capital later this week with China’s Xi Jinping, who had called for the two countries to find ways to “get along” after Trump’s victory.

It is not known if the men will meet for private talks, …