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The Latest: Chinese leader stresses economic openness

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The Latest: Chinese leader stresses economic openness

The Associated Press
U.S. President Donald Trump speaks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit at the Aryana Convention Center in Danang, Vietnam, Friday, Nov. 10, 2017. (AP Photo/Mark Schiefelbein)

The Latest on President Donald Trump's trip to Asia (all times local):

3:30 p.m.

Chinese President Xi Jinping says nations need to stay committed to economic openness or risk being "left behind."

Xi made the remarks in a speech to a business conference in Danang, Vietnam, Friday. He spoke shortly after President Donald Trump told the same group that "we are not going to let the United States be taken advantage of anymore."

The Chinese president urged support for the "multilateral trading regime" and progress toward a free-trade zone in the Asia-Pacific, drawing loud applause. He said that "self-seclusion leaves one behind."

In his remarks, Trump reiterated his preference for country-to-country trade deals.

The leaders were speaking on the sidelines of the annual summit of the 21-nation Asia-Pacific Economic Cooperation forum.

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3 p.m.

President Donald Trump is signing a proclamation saluting the veterans of the Vietnam War.

Trump is in Danang, Vietnam, the site of an American air base that was used during the Vietnam War.

The president on Friday stood with seven veterans and praised their service. Some of the veterans spoke and praised Trump's support of the military. One began to cry as he talked about fallen veterans and Trump hugged him.

Trump is in the midst of a lengthy Asia trip and is in Danang to attend an international summit.

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2:10 p.m.

President Donald Trump is continuing his tough talk against North Korea's nuclear ambitions.

Trump told an audience of CEOs at the Asia-Pacific Economic Cooperation summit in Danang, Vietnam that the region's future "must not be held hostage to a dictator's twisted fantasies of violent conquest and nuclear blackmail." He was referring to North Korean leader Kim Jong Un.

Trump referenced his address in South Korea earlier this week when he called on countries to unite against North Korea. He said "every single step the North Korea regime takes toward more weapons is a step it takes into greater and greater danger."

Trump also says civilized people must "come together" to drive out terrorists and extremists from our societies.

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2 p.m.

President Donald Trump says he won't let the United States be "taken advantage of anymore" on trade and add that he'll always "put America first."

Trump is speaking Friday to a gathering of CEOs at the Asia-Pacific Economic Cooperation summit in Danang, Vietnam. He says: "we can no longer tolerate these chronic trade abuses and we will not tolerate them."

Trump says the U.S. will seek trade relationships that are rooted in the principles of fairness and reciprocity. He says the opposite has happened for "too long."

Trump says the United States has lowered market barriers but "other countries didn't open their markets to us."

He adds: "Simply put we have not been treated fairly by the World Trade Organization."

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1:30 p.m.

President Donald Trump says the whole world is being lifted by America's economic renewal.

Trump is telling a gathering of CEOs at the Asia-Pacific Economic Cooperation summit in Danang, Vietnam that a "new optimism" has swept across the United States since his election.

He's reciting statistics about economic growth, low unemployment and stock market highs.

Trump says he's had the pleasure of sharing the "good news from America" everywhere he's been on his first official visit to Asia.

Says Trump: "The whole world is lifted by America's renewal."

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