Case in point: We saw this play out again and again in trade talks between the US and the rest of the world for more than a year. Countries are at times left clueless as to how to respond to US President Donald Trump’s decisions. Businesses are holding back investments without a clear outlook going forward. This adds to the disruptions to the global supply chain and trade, all of which are weighing heavily on the global economy.
SINGAPORE (Aug 19): What happens when the integrity of the decision-making process of the world’s largest economy is called into doubt? Surely it must have long-term implications for the rest of the world.
Businesses can, and will, adapt to any policy shift, even if negative. But when decisions are announced without clear rationale and unrelated issues are linked only to strengthen a perceived negotiating position, they create uncertainties that are very damaging for all.
