World superpowers have gathered in Peru for the annual APEC summit in a forum that will look very different this time next year.
Prime Minister Anthony Albanese joined the Asia-Pacific economic summit alongside US President Joe Biden and Canadian Prime Minister Justin Trudeau in the South American nation this week for a pre-Tump discussion.
The world leaders are attempting to arm against trade policies flagged by US president-elect Donald Trump.
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Biden also met with China's President XI Jinping, who skipped the summit in Lima, today.
"The two are wary of a threatened trade war between the superpowers that leaders here say would force prices up and cost jobs in Australia," Nine's political editor Charles Croucher said.
Albanese used the summit to "speak about the importance of free and fair trade between our economies".
"President Biden was in good form," Albanese said at a press conference later.
"I don't talk about the detail of private discussions, as you'd be aware, but it was friendly. I regard him as a good friend personally, but also a good friend of Australia."
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The PM met with Indonesian President Prabowo Subianto and Peru's President Dina Boluarte in a move to highlight Australia's trade interests as the world braces for Trump's return to office.
During the summit leaders of the region posed for a 'class photo' of sorts, an annual tradition at the APEC forum.
Next year is set to be held in Korea, where Trump will represent US interests.
