Friday 19 Apr 2024
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SINGAPORE (March 26): Investors have been anticipating a trade war following the Trump’s administration’s plan to impose up to US$60 billion (S$78.9 billion) worth of tariffs on China imports, which accounts for about 9.4% of US-China trade and 2.6% of US total imports.

The items covered would include IT, consumer electronics, telecoms, and possibly, even apparel.

This may just be the tip of the iceberg, as Maybank Kim Eng analyst Chua Hak Bin believes that other measures will follow on investments and intellectual property theft... (Click here to read the full story.)

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