Global markets shaken as Trump’s tariffs send shockwaves through Singapore’s economy

Gemma Iso
Tue, 04 Feb 2025 08:30:59 +0000
Business, Singapore News, Canadian & Mexican exports, Chinese goods, economic growth, Inflation, Trump's tariffs, US interest rates

SINGAPORE: Singapore’s currency and stock markets declined on Feb 3 after US President Donald Trump announced new tariffs on imports from major trading partners, including China, Canada, and Mexico. According to the latest Straits Times report, the move sent ripples across global markets, stoking fears of a trade war that could affect economic growth, increase …