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let's start though in Papua New Guinea the hosts for this year's APEC summit

the annual gathering of leaders from the asia-pacific region came to a close on

Sunday without an agreement for the first time since the forum was

established a quarter of a century ago the main sticking point continues to be

the intensifying trade war between the world's two economic superpowers the

United States and China Eason J starts us off for the first time since the APEC

summits inception 25 years ago leaders fail to agree on Sunday to a formal

joint statement according to CNN all 21 APEC members in attendance were in

agreement except one China a diplomat involved in the negotiation process said

tensions rose between the US and China with China's foreign minister Wang Yi

objecting to certain wording in the draft document of the joint agreement

sources say phrases like unfair trade practices may have caused Beijing's

negative reaction as it would appear the blame for the tensions lies at China's

feet during a speech at the APEC forum US Vice President Mike Pence said there

will be no end to the u.s. tariffs on 250 billion dollars of Chinese goods

until China changes its ways pence said China's trade practices and an

intellectual property theft goes beyond trade and into concerns about human

rights he also took aim at Chinese President Xi

Jinping's signature one belt one Road initiative saying countries should not

take Chinese development loans because the lead to staggering debt he urged

instead that countries work with the u.s. stressing that Washington does not

coerce corrupt or compromise their independence with the APEC summit ending

without agreement Papua New Guinea's Prime Minister Peter O'Neill and his

closing comments said the group will try to ensure free and open trade by 2020 he

later added the host nation will release a formal closing statement in the coming

days easing J Arirang news

For more infomation >> APEC fails to reach consensus as U.S.-China divide deepens - Duration: 2:08.

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For more infomation >> Trump Just Exposed Caravans as "a BIG CON" Against U.S. Taxpayers - Duration: 2:17.

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APEC fails to reach consensus as U.S.-China divide deepens - Duration: 2:10.

start in Papua New Guinea then the hosts for this year's APEC summit the annual

gathering of leaders from the asia-pacific region came to a close on

Sunday and did so without an agreement for the first time since the forum was

established a quarter of a century ago the main sticking point continues to be

the intensifying trade war between the world's two economic superpowers the

United States and China leasing Jay starts us off for the first time since

the APEC summits inception 25 years ago leaders fail to agree on Sunday to a

formal joint statement according to CNN all 21 APEC members in attendance were

in agreement except one China a diplomat involved in the negotiation process said

tensions rose between the US and China with China's foreign minister Wang Yi

objecting to certain wording in the draft document of the joint agreement

sources say phrases like unfair trade practices may have caused Beijing's

negative reaction as it would appear the blame for the tensions lies at China's

feet during a speech at the APEC forum US Vice President Mike Pence said there

will be no end to the u.s. tariffs on 250 billion dollars of Chinese goods

until China changes its ways pence said China's trade practices and intellectual

property theft goes beyond trade and into concerns about human rights

he also took aim at Chinese President Xi Jinping's signature one belt one Road

initiative saying countries should not take Chinese development loans because

the lead to staggering debt here is instead that countries work with the

u.s. stressing that Washington does not coerce corrupt or compromise their

independence with the APEC summit ending without agreement Papua New Guinea's

Prime Minister Peter O'Neill and his closing comments said the group will try

to ensure free and open trade by 2020 he later added the host nation will release

a formal closing statement in the coming days he's in jail arirang news