While many of these new US tariff rates are reciprocal — the United States is raising export barriers for countries that slap a high tariff on US imports into their own territories — many of them are political, with US President Donald Trump using tariffs to settle scores where his political intervention has not made much headway.
Tag: Trade
India, UK ink landmark trade deal; unveil Vision 2035 to unlock full potential of ties
The Comprehensive Economic and Trade Agreement (CETA), inked by Commerce Minister Piyush Goyal and his UK counterpart Jonathan Reynolds in presence of the two prime ministers, seeks to enhance bilateral trade by around USD 34 billion annually besides ensuring better market access.
UN report shows global trade to hit record USD 33 trillion in 2024
UN report shows global trade to hit record USD 33 trillion in 2024
SM Lee goes #jalanjalan during China visit; says Singapore needs to be “friends with all sides”
Posting a series of images on his Twitter account, signed “LHL”, at the end of his six-day visit, SM Lee wrote: “Took a #jalanjalan at the lively Yuyuan Old Street in the evening. Every corner is captivating as the traditional Chinese buildings are illuminated with beautiful lights.” The phrase “jalan jalan” is Singlish — that is, Singapore English — for “taking a stroll”.
This era is not of deglobalisation, but of reglobalisation, says PM Wong at G20; emphasises on making ASEAN stronger
Referring to the shifting global dynamics, Singapore Prime Minister Lawrence Wong said at the G20 Summit in Rio de Janeiro that it was necessary “[to] strengthen our own neighbourhood”, meaning the Association of Southeast Asian Nations (ASEAN).
King Carl XVI Gustaf and Queen Silvia of Sweden coming to Singapore on state visit from Nov 19 to 21
A Swedish Royal Court press release said: “The aim of the State Visit is to consolidate and develop the good relations between Sweden and Singapore and strengthen economic and political ties, focusing on trade, innovation, investment and green transition.”
Abu Dhabi crown prince visits Singapore; 8 MoUs signed, ranging from AI to clean energy
Reporting on the Singapore visit, the Abu Dhabi Media Office said: “His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has attended a networking event with members of the UAE-Singapore Business Council, during his official visit to the Republic of Singapore.”
Canada benefits more from trade with India, says New Delhi slamming Trudeau for burning bridges
In the note, the Ministry of External Affairs (MEA) had said that trade and investment linkages form an “integral component of the multi-faceted partnership between the two countries.
