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AFP
LIMA
BARACK OBAMA faced tough questions Saturday about Donald Trump's victory on the last foreign visit of his presidency, to a summit of Pacific leaders that has been upended by the US election and concerns about China's rise.
The US president and other top world leaders, including China's Xi Jinping and Russia's Vladimir Putin, are in Lima, Peru for an Asia-Pacific Economic Cooperation (APEC) summit whose staid agenda has been hijacked by the Republican billionaire's shock election win last week.
On Saturday, Obama will meet leaders of the 12 countries negotiating the Trans-Pacific Partnership, or TPP, a vast US-led trade accord that Trump opposes and now faces an uncertain future.
Although the White House admits the chances of passing the deal are slim, Obama will urge leaders to give the new president time to formulate his policy.
From Obama down, officials have stressed that the election has not changed US economic and strategic interests, and that Trump may yet recalibrate his views.
But there is little chance Trump's Republican allies in Congress would ratify TPP anytime soon.
"That is a real blow to US interests, economically and strategically, in terms of our position in Asia, but I think that is the reality, that the US is not going to be participating," said Matthew Goodman, an expert on Asian economics with the Center for Strategic and International Studies.
"But there are 11 other countries in TPP and I think that it is possible that they will agree to go ahead and pass TPP," he added in an interview, saying the others could"tweak" the agreement to keep it alive without US participation.
Some allies are turning their attention to a rival Chinese-backed free-trade agreement.
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20/11/2016
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