the economy while denying his reckless spendingg led tori record prices. quote the idea t that it caused inflation is bizarre. if it s my fault, why is itwh the other major industrial? why is it the case that in every other major industrial country in the world that inflation is higher? you asked yourself i m not being a wise guy at the end of the quote peter doocy pressing the white house on that whopperm of a claim. he says that inflation is worse everywhere but here that s, not true . u.s. says worse inflation in germany, france, japan, canada, india, italy, saudisa arabia, which i think what we are saying is that when we talk about inflation, it is a global thing and it is not just about the united states. this is something that everyone is feeling becauseth of comingts out of once 1% once in a lifetime pandemic because of the war that russia has started in ukraine. th and after blabbinge away to the ap, it seems like those close to the president didn tan want him to do
to discuss, not least their ongoing disputes over trade, technology, taiwan, and fentanyl. the bbc s james clayton is in san francisco and he s filed this report. apec has started here and it is a huge moment for the city of san francisco, the biggest summit to be held here since the united nations charter was signed here in 1916. this is a huge economic summit. you are talking about more than 50% of all of the world s trade belongs to the 21 nations who will be attending here this week. and we are talking about 40% of the world s population. so it is a big economic conference, but by far the biggest ticket item here is the meeting between president biden and his counterpart in china, president xijinping. relations between those two nations have not been good as late. they last met last year in indonesia and since then you have had that moment where the american government shot down a chinese spy balloon and flaming tensions in the south china sea and also joe biden ramping u
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