TRADE WAR: Trump moves forward with 104 tariffs on China

The United States said on Tuesday that 104% duties on imports from China will take effect shortly after midnight, even as the Trump administration moved to quickly start talks with other trading partners targeted by President Donald Trump's sweeping tariff plan. U.S. stocks retreated on the news. Global markets had previously posted gains on hopes … Continue reading TRADE WAR: Trump moves forward with 104 tariffs on China

Singapore’s innovative response to Trump’s tariffs

Singapore will form a national task force to support businesses and workers in response to sweeping new US tariffs that could slow economic growth and impact jobs and wages, Prime Minister Lawrence Wong announced on Tuesday (Apr 8). The task force, chaired by Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong, will … Continue reading Singapore’s innovative response to Trump’s tariffs

China slaps US with 34% tariffs on all goods; new trade regulation starts Apr 10

BEIJING: China on Friday (Apr 4) announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The commerce ministry said it would impose additional tariffs of 34 per cent on all US goods from Apr 10. Agriculture trade took another hit as Chinese … Continue reading China slaps US with 34% tariffs on all goods; new trade regulation starts Apr 10