On April 14, Singapore’s Ministry of Trade and Industry lowered the country’s growth forecast for 2025 to zero percent from 2 percent due to the US-China tariff conflict. Some economists have even warned of a possible technical recession.
Tag: USA
US strikes kill 8 in Sanaa, hundreds of Houthi fighters targeted
The overnight statement from the US military’s Central Command also said its “Operation Roughrider” targeting the rebels had “killed hundreds of Houthi fighters and numerous Houthi leaders,” including those associated with its missile and drone program. It did not identify any of those officials.
US government criticises New York Times over Kashmir terror attack coverage
The US House Foreign Affairs Committee accused the media outlet of downplaying the severity of the attack by using words like “militants” and “gunmen” instead of calling the attackers “terrorists”.
US condemns Kashmir terror attack, calls for justice
Responding to a question on whether the US sees Pakistan as potentially being behind the attack and if Washington is playing any role in trying to de-escalate tensions between the nations, Bruce said the issue was highlighted due to the severity of the situation but added that no further comment would be made at this time.
High-stakes London talks seek breakthrough in Russia-Ukraine peace efforts
British Defence Secretary John Healey said the meeting of foreign ministers and national security advisers follows talks last week in Paris and will include “what a ceasefire might look like and how to secure peace in the long term”.
US judge blocks President Trump’s passport rule against transgender Americans
The judge, Julia Kobick, gave a temporary order to stop this rule for now, but only for six people who had filed a case against it. She did not stop the policy for everyone in the country.
US airstrikes kill 38 at Houthi-held oil port in Yemen
The strikes, confirmed by the US military’s Central Command, represent one of the highest death tolls so far in the campaign launched by the administration of President Donald Trump that began March 15.
Singapore: PM Wong says world in ‘messy transition’ amid US-China power struggle
Singapore Prime Minister Lawrence Wong on Wednesday, April 16, said the US and China claim they do not wish to force countries to choose sides but seek to draw other countries into their respective orbits. He also said the world is undergoing a messy transition as the two largest economies fight for power. “America and […]
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.
China decries US tariffs as ‘unilateral bullying’ and ‘blackmail’
If Trump implements his new tariffs on Chinese products, US tariffs on Chinese goods would reach a combined 104 percent. The new taxes would be on top of the 20 percent tariffs announced as punishment for fentanyl trafficking and his separate 34 percent tariffs announced last week.
