Leaders of the Asia-Pacific Economic Cooperation (APEC) pose for a group photo, in Lima, Peru, Saturday, Nov. 16, 2024. (AP Photo/Fernando Vergara)

President of China Xi Jinping takes part in the Economic Leaders Meeting during the APEC summit in Lima, Peru on Saturday, Nov. 16, 2024. (Sean Kilpatrick /The Canadian Press via AP)

President Joe Biden walks off the stage after the taking of the leaders' group photo, during the Asia-Pacific Economic Cooperation (APEC) summit, in Lima, Peru, Saturday, Nov. 16, 2024. (AP Photo/Fernando Vergara)

Chile's President Gabriel Boric, from left, China's President Xi Jinping and Peru's President Dina Boluarte gather for the leaders' group photo during the Asia-Pacific Economic Cooperation (APEC) summit, in Lima, Peru, Saturday, Nov. 16, 2024. (AP Photo/Fernando Vergara)

U.S. President Joe Biden arrives by car to the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Peru, Saturday, Nov. 16, 2024. (AP Photo/Guadalupe Pardo)