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SINGAPORE: A restaurant in Singapore’s Chinatown has removed controversial signs claiming a “104 per cent surcharge” on American diners, following widespread attention online. The messages on two pieces of paper pasted on the front door of Xie Lao Song restaurant on Pagoda Street, which serves cuisine from China, began circulating on social media earlier this…
US President Donald Trump (Pic credit: AP) After a week of economic chaos and criticism from allies, President Trump abruptly reversed course on his sweeping new tariffs, hitting pause for 90 days. What changed? Not just pressure from businesses or Republicans—Trump was rattled by a bond market in meltdown mode. The sudden surge in Treasury…
US President Donald Trump on Saturday doubled down on his sweeping tariff policies, claiming that China has been hit “much harder” than the United States in the ongoing trade war between the world’s two largest economies. His remarks came a day after US stock markets tumbled, leading to concerns over a potential global recession.Taking to…
THE WAY FORWARD FOR SINGAPORE Speaking at the launch of the Marsiling-Yew Tee Town five-year master plan at Yew Tee Square on Saturday morning, Prime Minister Wong said that Singaporeans might enter a world that is more “dangerous and unpredictable”. Despite the “dark clouds” ahead, Mr Wong said Singapore has always overcome such challenges with…
The full list of countries whose products face “reciprocal” tariffs is below. These are the nations, many of them staunch U.S. allies, that President Donald Trump has claimed take advantage of the U.S. through unfair trade practices. These tariffs — which are paid by U.S. importers, not by the exporting jurisdiction — are set to…
Listen to article Apple shares fell sharply in after-hours trading on Wednesday after the United States announced sweeping new tariffs, including a 34% levy on Chinese imports that is expected to significantly disrupt the tech giant’s supply chain. The move, part of President Donald Trump’s broader overhaul of trade policy, will bring the total tariff on Chinese goods…
