Trump tariffs

Trump eyes tariffs on cheap Canadian fertiliser, Indian rice

The US president is facing mounting pressure to address high consumer prices and persistent inflation

Taimur Baig, DBS' chief economist, says 2025 has turned out to be a much better year than expected, despite fears of economic instability.

Most countries avoided ‘protectionist virus’ this year, but US could be ‘epicentre of downside risks’ in 2026: DBS

The bank’s chief economist says to watch for more ‘DeepSeek moments’ from China and high levels of FDI in Asean next year

From left: Ryan Huang, Money FM 89.3 presenter, who moderated the panel; Chen Ze Ling, DBS group head of corporate and SME banking; Kok Ping Soon, SBF CEO; Wendy Foo, Ryan's Grocery founder; and Ryan Chioh, Far East Flora deputy group managing director.

More companies intensifying overseas expansion efforts after ‘better-than-expected’ 2025: panel

Singapore SMEs should also look into making sustainability a core part of their strategy as it helps with saving costs

US President Donald Trump (right) on Nov 20 announced that "certain agricultural imports from Brazil should no longer be subject to the additional (40% surcharge)", handing Brazilian President Luiz Inacio Lula da Silva a win.
PERSPECTIVE

Brazil offers lesson in winning the ‘Taco’ trade

Global politicians need to understand that White House policy is driven by melodrama and instinct

 The Republican president is facing growing consumer angst over prices heading into the holiday shopping season

Trump’s semiconductor tariff plan likely delayed, officials say

The US president is also trying to maintain a delicate trade truce with China

Acting Transport Minister and Senior Minister of State for Finance Jeffrey Siow (left) and SBF vice-chairman Andrew Kwan. Siow says the release of the ESR's mid-term report will provide a chance to discuss proposals with stakeholders and hopefully secure funding support.

Economic Strategy Review aims to give mid-term update, ‘get some funding’ for early ideas

The committees will consolidate ideas and put up final recommendations by mid-2026

The US dollar experienced its steepest first-half decline in over 50 years during 2025, dropping nearly 11% in the six months following Trump’s inauguration.

Is the Trump administration intentionally weakening the US dollar?

The greenback’s decline reflects the consequences of aggressive and erratic economic policies that have shaken global confidence in US leadership

As Trump throws up the trade barriers, intra-Asian trade is becoming freer.

The Asian century rolls on as Trump risks freezing America out

South-east Asian countries are trying to chart a neutral course, even as they are increasingly entwined economically with China

Trump set aluminium tariffs at 25% in February and doubled the rate in June in what he said is an effort to protect American industry.

World’s top aluminium producer adds markups as Trump tariffs drive up consumer costs

The US relies heavily on foreign aluminium supplies as it does not have the capacity to produce enough to meet demand

Victor Lo, chairman and chief executive of GP Industries, says: “We responded to tariff changes probably sooner than most of our competition in China.”
TOPLINE

Tariff pressures leave GP Industries hunting growth in new niches

Battery-maker will pivot to own brands and product innovation to drive growth, amid rising costs and brutal price competition