Protectionism

Amazon, Microsoft back effort to restrict Nvidia’s exports to China: WSJ

AMAZON is joining Microsoft in backing legislation to further curb chipmaker Nvidia’s ability to export chips to China, the Wall Street Journal reported on Thursday, citing people familiar with the ma...

Apec business leaders have called for “de-escalation”, with economic leaders avoiding new trade measures that violate treaty obligations.

Apec Business Advisory Council calls for rejection of protectionism

The annual report to Apec economic leaders also includes recommendations for digital trade agreements

Australia’s stringent biosecurity rules blocked imports of cattle slaughtered in the United States, but born in Canada or Mexico.

Australia lifts trade barriers on US beef

[SYDNEY] Australia said on Thursday it would lift trade barriers on beef from the United States, removing a major point of friction between Canberra and the Trump administration.

U.S. President Donald Trump said he was very happy with “simple deals” already announced that set blanket tariff rates for more than 20 countries and would address tariffs for remaining countries soon.

Trump says tariff letters for smaller countries coming soon; rates likely over 10%

[WASHINGTON] US President Donald Trump on Tuesday said letters notifying smaller countries of their US tariff rates would go out soon, adding that his administration would likely set a tariff of “a li...

The duties on Chinese-made beer will be as high as 64.14 per cent while for steel they will be as high as 20.15 per cent, Taiwan's finance ministry said in a statement.

Taiwan to impose anti-dumping duties on Chinese beer, steel for four months

[TAIPEI] Taiwan’s finance ministry said on Friday it would impose anti-dumping duties on Chinese-made beer and hot-rolled steel for four months starting on July 3, citing substantial damage to Taiwan’...

Since returning to the presidency in January, US President Donald Trump has moved to reconfigure US trade ties with the world while using levies to force foreign governments to the negotiating table.

Trump tariffs stay in place for now, after appellate ruling

[WASHINGTON] US President Donald Trump on Thursday won a temporary reprieve for his aggressive tariff strategy, with an appeals court preserving his sweeping import duties on China and other trading p...

Electronic design automation software makers, which include Cadence, Synopsys and Siemens EDA, were told via letters from the Commerce Department to stop supplying their tech to Chinese customers.

US curbs chip design software, chemicals, other shipments to China

The new restrictions appear aimed at choke points to prevent China from getting products necessary for key sectors

India, the world’s second-largest crude steel producer, told the WTO that Washington’s “safeguard measures” would affect US$7.6 billion worth of India-made products imported into the United States.

India proposes counter duties against US, notice to WTO shows

[NEW DELHI] India has proposed to levy import duties on some products made in the United States to counter Washington’s tariffs on steel and aluminium products produced in Asia’s No.3 economy, a notic...

Wealthy people could be drawn to have more funds invested in and managed out of Singapore, which bodes well for its growth as a wealth management centre.
SENSE & CENTS

Be long-term overweight on Singapore equities and property as the US’ tailwind becomes a headwind

While the world is in flux, the Republic offers certainty in pragmatic policymaking and in addressing long-term challenges

US President Donald Trump said he had spoken to leaders from Europe and Asia over the weekend, who hope to convince him to lower tariffs as high as 50 per cent due to take effect this week.

Trump’s tariff ‘medicine’ injects turmoil into global markets

[TOKYO] US President Donald Trump warned foreign governments they would have to pay “a lot of money” to lift sweeping tariffs, characterising the duties as “medicine” and triggering further carnage ac...