All Eyes on Trump at APEC Summit in Vietnam

The transcript discusses President Trump's Asia trip and its impact on trade relations, particularly with APEC. It highlights FedEx's optimism and growth in the Asia-Pacific region, driven by middle-class expansion and trade benefits. FedEx's future plans include infrastructure and digital expansion in Asia. The transcript also addresses cybersecurity challenges faced by FedEx and their approach to insurance against cyber attacks.

What was a key outcome of President Trump's Asia trip according to the discussion?

• A moderated approach to trade relationships

• Increased tariffs on Asian goods

• Immediate renegotiation of NAFTA

• Withdrawal from APEC

What is driving FedEx's optimism in the Asia-Pacific region?

• Reduction in infrastructure

• Growth in traditional trade and e-commerce

• Decrease in middle class

• Decline in e-commerce

How has Vietnam's economy changed over the past decade?

• Exports decreased by 500%

• GDP declined by 175%

• Poverty level increased to 64%

• Exports grew by 500% and poverty level dropped to 3%

What are some of FedEx's expansion plans in Asia?

• Closing airport facilities in Korea

• Opening a new hub in Shanghai

• Eliminating FedEx Delivery Manager app

• Reducing digital services

What was FedEx's response to the cybersecurity attack?

• Discontinuing insurance considerations

• Ignoring the attack

• Strengthening system security

• Reducing cybersecurity staff