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trade war
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
April 06, 2018
Global Economy
Southeast Asia braces for trade war by bolstering growth
(Apr 6): Policy makers across Southeast Asia are bracing for a fallout from a US-China trade war, turning their focus on bolstering their domestic markets to cushion the blow.
April 06, 2018
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.
April 05, 2018
Global Economy
China counters Trump with tariffs on soybeans, automobiles
(Apr 4): China said it would levy 25% tariffs on imports of 106 US products including soybeans, automobiles, chemicals and aircraft, in response to proposed American duties on its high-tech goods.
April 04, 2018
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.
April 04, 2018
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.
April 02, 2018
There's room for localisation in the digital world
SINGAPORE (Apr 2): In a week in which fears of a trade war dictated market sentiment and spurred volatility, news of homegrown ride-hailing service provider Grab buying out Uber’s operations in eight Southeast Asian countries came as a welcome change. A
March 29, 2018
Singapore economy
Singapore sees Asia as a growth favourite despite trade war fears
SINGAPORE (Mar 28): Asia remains a growth favorite for businesses and investors even if tensions between the US and China escalate into a full-blown trade war, according to Singapore’s Economic Development Board.
March 28, 2018
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
March 26, 2018
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.
March 15, 2018