South Korea, China, Japan agree to promote trade as Trump tariffs loom

Neighbors hold first economic dialogue in five years

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Container ships off Hong Kong in November. The trade ministers of China, Japan and South Korea met days before U.S. President Donald Trump is due to unveil a raft of new tariffs. © Reuters

SEOUL (Reuters) -- South Korea, China and Japan held their first economic dialogue in five years on Sunday, seeking to facilitate regional trade as the three Asian export powers brace from U.S. President Donald Trump's tariffs.

The countries' three trade ministers agreed to "closely cooperate for a comprehensive and high-level" talks on a South Korea-Japan-China free trade agreement deal to promote "regional and global trade," according to a statement released after the meeting.

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