China’s Vice Premier He Lifeng has emerged as a central figure in navigating the fallout from former President Donald Trump’s sweeping tariff edicts, which have levied duties of up to 145 percent on many Chinese exports. In recent months, global… Read More ›
Day: April 28, 2025
U.S. Tariffs to Trigger Demand Shock for Singapore Economy, MAS Warns
In its latest macroeconomic review, the Monetary Authority of Singapore (MAS) cautioned that sweeping U.S. import duties will act as a de facto production tax on Singaporean exporters, generating both direct and indirect negative income effects and triggering a broader… Read More ›
IMF-World Bank Spring Meetings End with Little Tariff Clarity
A week of high-level discussions in Washington wrapped up without concrete answers on the future of U.S. tariffs, leaving finance ministers and central bankers uncertain about how—and when—trade tensions might ease. Delegations failed to secure firm commitments from U.S. Treasury,… Read More ›