Asean summit: world’s No 1 trade bloc holds ‘pivotal’ meeting in face of tariffs
The world’s largest trade agreement was given a jump-start on Monday, as leaders met in Kuala Lumpur at a “pivotal” time for the global economy, desperate to turn the pact into tangible gains as sweeping US tariffs threaten to slow growth across Asia-Pacific. The Regional Comprehensive Economic Partnership (RCEP) covers 30 per cent of the global economy, with Asean members at its core alongside East Asian giants China, Japan, South Korea, as well as Australia and New Zealand. The pact was signed...