Breadcrumb

Every week, the USTR website will explore a new trade topic, with background information and current trade data. On July 21 and 22, U.S. Trade Representative Ron Kirk will be in Singapore at the annual Asia-Pacific Economic Cooperation (APEC) Ministerial meeting - so this week's trade topic is U.S. trade relations with APEC member economies.

Weekly Trade Focus: APEC

 

November 06, 2025

November 05, 2025

WASHINGTON – Last week, President Trump delivered another win for the American people, safeguarding America’s economic and national security by reaching a trade and economic deal with President Xi Jinping of China. This historic agreement includes commitments from Beijing ranging from securing long-term purchases of U.S. soybeans and other agricultural exports to effectively eliminating China’s export controls on rare earths and other critical minerals.

The deal was quickly applauded by American farmers, industry leaders, and lawmakers:

October 28, 2025

WASHINGTON — This week, President Trump signed Agreements on Reciprocal Trade with Malaysia and Cambodia and reached Frameworks for Agreements on Reciprocal Trade with Thailand and Vietnam. These historic deals demonstrate that America can maintain tariffs to lower the goods trade deficit while expanding Americans’ market access.

The announcement was immediately met with widespread praise from American farmers, manufacturers, industry leaders, and lawmakers: 

October 26, 2025