World leaders from 21 Asia-Pacific nations are gathering in Gyeongju, South Korea, for the APEC Summit, with trade relations and escalating tariff disputestopping the agenda. The summit brings together economic giants including the US, China, Russia, Canada and Australia, countries that collectively account for 60% of global GDP.

A potential meeting between US President Donald Trump and Chinese President Xi Jinping could prove pivotal, as tensions rise over proposed tariffs and China's control of rare-earth exports. The outcome may influence future cross-border investment and global supply chains.

(This video summary was created by AI from the original DW script. It was edited by a journalist before publication.)