Global trade

US trade court challenges Trump’s basis for 10% global tariffs

The US president has made tariffs a central pillar of his second-term foreign policy

US President Donald Trump and his Chinese counterpart Xi Jinping on the sidelines of the Apec summit, in Busan, South Korea on Oct 30, 2025.

US trade war with China in focus ahead of Trump-Xi summit in May

Trump's trip comes just a year after Washington rolled out sweeping and at times erratic global tariffs.

It is a world where the founding principles of the WTO, which were based on equal treatment and protection for the less powerful, are visibly ebbing away.
THE BOTTOM LINE

In trade’s ‘law of the jungle’, the winners are clear

It is China and the US that prosper when power sets the terms for global commerce

As the EU’s first-ever standalone digital deal, the EUSDTA demonstrates a shared determination to work together amid the heightened global economic uncertainty.
NEW GLOBAL ORDER

Europe and Singapore: A reliable partnership in contested times

It offers a compelling model that combines openness with resilience, innovation with trust, and ambition with responsibility

The Supreme Court’s recent ruling rejecting US President Donald Trump's use of the International Emergency Economic Powers Act is likely to limit his ability to use discriminatory tariffs as a bargaining tool.
PERSPECTIVE

Trump’s tariff war has failed on every front

His tax programme, chaotically rolled out, shifts in its objectives and has wrecked world trade. At home, US producers are also suffering

“The world order and multilateral system we used to know has irrevocably changed. We will not get it back ... We must look to the future,” says WTO Director-General Ngozi Okonjo-Iweala.

WTO chief calls for trade overhaul to meet new world order

Ngozi Okonjo-Iweala says the old world order had gone for good

Chinese Premier Li Qiang says his country has made progress in curbing so‑called involution‑style competition.

China vows more open economy, national treatment for foreign firms

Imports of medical and healthcare products, digital tech and low-carbon services will rise: Premier Li Qiang

US Secretary of Interior Doug Burgum gives a speech at the reception of the Indo-Pacific Energy Security Ministerial and Business Forum at US Ambassador's Residence, Tokyo, Japan, March 13, 2026.

Asia-Pacific allies ink US$57 billion in deals with US companies: US interior secretary

Japan is helping lead the coalition of nations to increase the oil supply in the market