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Trump, Singapore and Tariffs

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SINGAPORE] Singapore stocks bounced after Trump announced on Wednesday a 90-day pause to his steep reciprocal tariffs on his “worst offender” countries, lowering them to 10 per cent during the period.
From The Business Times
President Donald Trump has launched tariff wars with nearly all of the United States' trading partners.
From Houston Chronicle
The Trump administration has reversed sweeping cuts in emergency food aid to several nations while maintaining them in Afghanistan and Yemen, two of the world’s poorest and most war-ravaged countries...
From Houston Chronicle

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Singapore’s STI soars more than 8% as Trump takes a pause on tariffs
SINGAPORE] Singapore stocks bounced after Trump announced on Wednesday a 90-day pause to his steep reciprocal tariffs on his “worst offender” countries, lowering them to 10 per cent during the period.
Here are the biggest gainers among Singapore stocks after Trump’s tariff timeout
Sats was the biggest gainer on the STI, rising as much as 9.8 per cent Read more at straitstimes.com. Read more at straitstimes.com.
Why China Isn't Included in Trump's 90-Day Pause on Reciprocal Tariffs
The president announced a temporary pause on his broad tariff scheme for over 75 countries, excluding China, accusing it of disrespecting global markets.
The Latest: Trump’s latest round of tariffs go into effect
Several new, sweeping taxes on goods from other countries are already here — and more took effect on Wednesday. Trump has promised higher rates for his latest and most severe volley of duties, which he calls “reciprocal” tariffs.
Trump embraces ‘tailored’ tariff deals as foreign leaders look to sweeten their offers
Delegations from Japan and South Korea are en route. Italy’s prime minister will be in Washington next week. And Israel’s “proactive approach” to seeking out new US trade agreements could serve as a model for everyone,
Trump's Latest Round of Tariffs Are Poised to Go Into Effect. Here's What We Know
Trump has promised higher rates for his latest and most severe volley of duties, which he calls “reciprocal” tariffs. With so many back-and-forth tariff actions and threats, it can be tough to keep track of where things stand.
The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China
President Donald Trump shared on Truth Social that he has “ authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%.” Trump also raised the tax rate on Chinese imports to 125%.
Trump is trying to reshape the global economy. It seems in open rebellion against his tariffs
The global economy appeared to be in open rebellion against President Donald Trump’s tariffs as they took effect Wednesday. Business executives are warning of a potential recession caused by his policies,
Trump's top trade rep under fire before Senate committee after days of market chaos
U.S. Trade Representative Jamieson Greer addressed the Senate Finance Committee a day after global markets swung wildly and some business leaders lambasted the president's aggressive bid to raise tariffs on almost every nation on earth.
CNA4h
Singapore bank stocks lose nearly S$49 billion in value as Trump tariffs sour outlook
Downside risks lie ahead for Singapore banks with US tariffs set to weigh on loan growth and earnings, analysts say.
Wave of US soybeans set to reach China's shores despite tariffs
China is set to receive about 3 million metric tons of U.S. soybeans in April-May, according to sources and shipping data, despite new higher tariffs on American products that are poised to choke off flows of China's largest U.
China Censors Hashtags Mentioning ‘104%,’ the Size of Trump’s Tariffs
State media drove social media discussions around phrases like: “America is fighting a trade war while begging for eggs.”
CNA20h
Singapore tycoon Robert Ng, 3 children to be designated 'politically significant persons' under foreign interference law over links to China body
The property billionaire and his children - all Singaporeans - hold positions in the Chinese People's Political Consultative Conference, or CPPCC.
Oil jumps 4% after Trump pauses tariffs on many countries, raises China levy
Oil prices climbed more than 4% on Wednesday, bouncing back from four-year lows earlier in the session, after U.S. President Donald Trump said he would further increase tariffs on China but pause the tariffs he announced last week for most other countries.
Malay Mail on MSN4h
Thanks, Trump: How US tariffs may speed Vietnam into China’s arms
The 46 per cent tariff imposed by the Trump administration on Vietnamese goods has shaken Vietnam’s economic future, pushing the country closer
The Business Times1d
China’s farm sector buckles up for tariffs as trade war worsens
SINGAPORE] Chinese tariffs on US agricultural goods will test the farm sectors of both nations. Read more at The Business Times.
Brazil, Egypt and Singapore among potential winners from tariff onslaught
Days after U.S. President Donald Trump's announcement of sweeping tariffs shocked multiple U.S. trading partners and global markets, a handful of countries are emerging as potential winners although the risk of a tariff-induced recession will limit the upside.
CNA16h
High Court dismisses suit against 2 Chinese news veterans over S$990,000 ‘loan’ for failed business
The High Court judge said that given the clear language of the clause of the agreement, the parties had agreed to “squarely put the risk of non-return” on Mr Ren Xin Wu if the business did not "blossom" in the way they hoped.
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