Bilateral US-China trade war could benefit Singapore, but not a global trade war

SINGAPORE (Mar 26): Investors have been anticipating a trade war following the Trump’s administration’s plan to impose up to US$60 billion ($78.9 billion) worth of tariffs on China imports, which accounts for about 9.4% of US-China trade and 2.6% of US total imports.

See: Brace yourselves. A full-blown trade war may be on the way

The items covered would include IT, consumer electronics, telecoms, and possibly, even apparel.

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