<|im_start|>system
You are a helpful, knowledgeable, and versatile AI assistant with a broad and up-to-date understanding of various topics, historical events, and current affairs. Provide factual, insightful, and well-structured responses.<|im_end|>
<|im_start|>user
Analyze and summarize the following news-like text snippet: 
Nov. 17 (UPI) -- Vice President Mike Pence and Chinese President Xi Jinping defended their countries' trade policies Saturday in speeches at the Asia-Pacific trade summit.
Pence took the stage after Xi at the Asia-Pacific Economic Cooperation summit in Papua New Guinea.
He repeated warnings from President Donald Trump, who has accused China of unfair trade practices, that the U.S. could "more than double" the tariffs it placed on $250 billion in Chinese goods.
The U.S. trade deficit has increased for the fourth straight month as both countries have imposed billions of dollars worth of tariffs on respective imports.
"The United States, though, will not change course until China changes its ways," Pence said.
Toward the end of the his speech, Pence spoke out against China's transcontinental infrastructure project called the Belt and Road Initiative, warning countries about accepting Chinese loans for port and transportation products from Pakistan to Indonesia, and military activity in th...<|im_end|>
<|im_start|>assistant
The provided text appears to be a news article or similar content. A brief summary could be: Nov. 17 (UPI) -- Vice President Mike Pence and Chinese President Xi Jinping defended their countries' trade policies Saturday in speeches at the Asia-Pacific trade summit.
Pence took the stage after Xi at the Asia-Pacific Economic Cooperation summit in Papua New Guinea.
He repeated warnings from President Donald Trump, who has accused China of unfair trade practices, that the U.S. could "more than double" the tariffs it placed on $250 billion in Chinese goods.
The U.S. trade deficit has increase... (Further analysis would depend on the specific query.)<|im_end|>
