UN experts alerted that global trade could shrink by three per cent as a result of the United States’ new tariff measures .
Tag: US Tariffs
Trump hands China 125 percent tariff, partial respite for India and 74 other countries
Trump made these announcement on social media, stating that the decision to raise tariffs on China was due to the lack of respect China has shown to the world’s markets. He mentioned that China’s actions of “ripping off” the US and other countries will no longer be accepted.
Singapore to form task force to address US tariff impact on businesses and workers
The task force will bring together key economic government agencies, the Singapore Business Federation, the Singapore National Employers Federation, and the National Trades Union Congress.
