Global trade
Tariffs aren’t the biggest drag on global trade. Standards are
Product-safety and environmental rules have multiplied like an invasive species
In 2026, trade drama will shift from Washington to Beijing
The real uncertainty lies in the rising resistance to China’s manufactured surplus
Full impact of Trump tariffs will take some time to play out: SM Lee
The US’ ‘opting out’ of the multilateral trading system it anchors will hurt world economy, he says
Asean has benefited from US-China trade war, but it is stuck in a complicated spot
It is exporting more to the world’s largest economy yet growing exports may not necessarily be helping the region
WTO reform deal unlikely to be reached at next major conference: ambassador
But he adds that ministers meeting in Cameroon should agree on a framework to move forward
Nearly 60% of global CEOs, investors expect deglobalisation to ramp up in 2026: report
They find the US the most attractive for investments, with China and India on the rise
Don’t fear China’s trillion-dollar trade surplus
It is a problem not for the rest of the world, but for China
Global trade set to top US$35 trillion in 2025: UN
Manufacturing grew 10 per cent over the last four quarters compared to the previous four, led by electronics linked to AI
Why the push for a stronger renminbi won’t go away
With the US dollar likely to be soft for a few years, to hold the Chinese currency back would be to allow it to depreciate against other trading partners
PM Wong says new framework is needed to avoid ‘devastating consequences’ of retaliatory trade
His conversation with Bloomberg’s editor-in-chief also covers money laundering and a possible capital gains tax for Singapore