President Donald Trump

US Economy

Trump to meet top trade advisers to decide on activation of China tariffs

(June 14): US President Donald Trump will meet with his top trade advisers on Thursday to decide whether to activate threatened tariffs on billions of dollars in Chinese goods, a senior Trump administration official said on Wednesday.

US Economy

The US$1.4 tril US 'surplus' that Trump’s keeping quiet about

(June 13): The US has a surplus of US$20 billion ($26.7 billion) with China and US$1.4 trillion with the rest of the world.

Here's what Trump and Kim signed today in Singapore

SINGAPORE (June 6): Donald Trump and Kim Jong Un signed a document Tuesday asserting that the US president would provide unspecified “security guarantees” to Kim in exchange for the North Korean leader’s “unwavering commitment to complete denuclea

Commentary

Trump and Kim can learn a thing or two from Singapore

(June 12): US President Donald Trump and North Korean leader Kim Jong Un are spending such a short amount of time in Singapore this week. Maybe they should stick around longer to see what makes its economy tick. Singapore is an especially wealthy nation,

Global Economy

US puts trade war with China on hold

(May 21): The Trump administration won’t impose tariffs on Chinese products for now, after the two nations made progress on trade issues during two days of talks, Treasury Secretary Steven Mnuchin said.

Global Economy

Trump considers rejoining TPP; tones down China trade threat

(Apr 13): President Donald Trump directed officials to explore rejoining an Asia-Pacific trade pact he withdrew from shortly after taking office and expressed optimism about a deal with China, a shift in tone that boosted sentiment in the markets.

Singapore economy

STI expected to stay flat but banks should provide earnings support

SINGAPORE (Apr 11): March was a month riddled with bad news. As a result, the benchmark Straits Times Index (STI) tumbled 2.6% during the month, even though it ended 0.7% up for 1Q18.

Global Economy

Trade tensions escalate as Trump proposes US$100 bil in new China Tariffs

(Apr 6): President Donald Trump ordered his administration to consider tariffs on an additional US$100 billion ($132 billion) in Chinese imports, sending US stock futures tumbling on concern the world’s two largest economies are hurtling toward a full-b

Global Markets

More Asean winners than losers in an escalating trade war

SINGAPORE (Apr 5): CIMB says there are more winners than losers in Asean – among Malaysia, Indonesia, Singapore and Thailand (MIST) – in the escalating trade war between US and China.

Global Economy

US tariff list aims at technology China wants to dominate

(Apr 4): The US proposed imposing 25% tariffs on about $50 billion worth of Chinese-made products, focusing on high-tech items from semiconductors to lithium batteries while seeking to minimise the impact on American consumers.
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