President Donald Trump

Global Economy

China responds to US duties on steel, aluminium by imposing tariffs on 128 US products

BEIJING (Apr 2): China has slapped extra tariffs of up to 25% on 128 US products including frozen pork, as well as on wine and certain fruits and nuts, in response to US duties on imports of aluminium and steel, China’s finance ministry said.

Global Economy

China asks US to offset trade loss due to metal tariffs

GENEVA (Mar 27): China asked the US to provide compensation for lost trade due to President Donald Trump’s proposed tariffs on steel and aluminum, in a preliminary step that could lead to a dispute between the two nations at the World Trade Organization

Singapore economy

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 U

China Focus

China's Xi now knows Trump's strategy gap

(Mar 15): It was 24 hours that illustrated why the US is struggling to counter China’s rising geopolitical clout.

M&A

Trump halts Broadcom takeover of Qualcomm on security risks

(Mar 13): President Donald Trump issued an executive order Monday blocking Broadcom Ltd. from acquiring Qualcomm Inc., scuttling a US$117 billion ($153.9 billion) hostile takeover that had been subject of scrutiny over the deal’s threat to US national s

Global Markets

Is this the end of the Goldilocks period?

SINGAPORE (Mar 8): Investors have been on their toes expecting a global trade war, following recent US policy announcements.

Currencies

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

(Mar 7): In foreign exchange markets, investors aren’t waiting to find out if all the tariff threats being thrown around lead to a full-blown trade war.

Global Economy

Trump punishes China by considering broad curbs on Chinese imports, takeovers

(Mar 7): The Trump administration is considering clamping down on Chinese investments in the US and imposing tariffs on a broad range of its imports to punish Beijing for its alleged theft of intellectual property, according to people familiar with the ma

State of the City

What does Singapore have to fear from escalating protectionism in the US?

SINGAPORE (Feb 26): On Feb 16, US Commerce Secretary Wilbur Ross proposed a tariff of at least 24% on steel imports from all countries and at least 7.7% on aluminium imports. His recommendations were issued following anti-dumping investigations that have
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