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Penalty duties, wall-building, an end to free trade - the shift in US policy is impacting Mexico especially hard. Johannes Hauser from the German-Mexican Chamber of Commerce warns of the potential consequences.
Mexico's President Enrique Pena Nieto has told the APEC summit he wants a 'new era' in ties with the USA despite the hostile tone of President-elect Donald Trump. China has called for a bigger role for APEC.
Donald Trump is dominating the World Economic Forum - and he's not even there. It has been up to Chinese President Xi Jinping to relax the atmosphere.
The President of Mexico is under pressure. It would be a very unpopular decision for Enrique Pena Nieto to pay for a wall on the border between Mexico and the USA – but it could be the lesser of two evils.
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