Chan Wen Jie

A worker at a production line in Top Glove factory in Malaysia. The US raised tariffs on Chinese-made medical goves from 7.5 per cent to 50 per cent. But Malaysian glove makers were unable to raise prices in the US to the extent of the tariff increase because of competition.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Tariff mythbusters: Alternative perspectives on US tariffs

A tariff is like a consumption tax, but incurred at the border rather than at the point of sales, with part of...