Lee Hsien Loong delivers sobering outlook on trade
SINGAPORE – In a major policy address on Monday, Singapore’s Senior Minister and former Prime Minister Lee Hsien Loong warned that the country can no longer count on a stable and cooperative global trading system, citing profound shifts triggered by sweeping … Continue reading Lee Hsien Loong delivers sobering outlook on trade
U.S. Tariffs: ASEAN Establishes Task Force
KUALA LUMPUR – In an urgent response to the United States’ sweeping tariff overhaul, the Association of Southeast Asian Nations (ASEAN) convened a special meeting of its economic ministers on April 10, and announced the creation of a dedicated task … Continue reading U.S. Tariffs: ASEAN Establishes Task Force
Trump Announces 90-Day Tariff Suspension, China exempted
WASHINGTON – In a significant shift in U.S. trade policy, President Donald Trump declared a 90-day suspension of the recently imposed “reciprocal” tariffs on multiple countries, aiming to foster negotiations for new trade agreements. This suspension does not extend to … Continue reading Trump Announces 90-Day Tariff Suspension, China exempted
China Vows Strong Retaliation as Trump Escalates Trade War
BEIJING — The U.S.-China trade conflict has entered a new and dangerous phase as Beijing outlines a multi-pronged strategy to respond to President Donald Trump’s announcement of sweeping 104 % tariffs on Chinese goods. The Chinese Ministry of Commerce issued … Continue reading China Vows Strong Retaliation as Trump Escalates Trade War
Singapore Stocks Reel Amid Global Sell-Of
SINGAPORE — Singapore’s stock market was swept into a broader global sell-off on April 7, as investor sentiment soured following U.S. President Donald Trump’s refusal to ease global trade tariffs—stoking fears of a worldwide economic downturn. The Straits Times Index … Continue reading Singapore Stocks Reel Amid Global Sell-Of