Trade War Goes Nuclear: US-China Economic Spat Hits 125% Tariff Madness
Key Points
- US-China trade tensions escalate with a staggering 125% tari...
Who knew economic warfare could be so expensive? As US-China trade tensions reach nuclear levels with a mind-boggling 125% tariff rate, global markets are having what appears to be a collective panic attack. Even Singapore, usually the cool kid in the financial playground, is sweating bullets.
Singapore's Growth Forecast: From "Meh" to "Yikes"
Singapore's Ministry of Trade and Industry just dropped its 2025 GDP growth forecast faster than a hot potato, slashing it from 1%-3% to a nail-biting 0%-2%. Apparently, manufacturing and services decided to take an unexpected vacation, leaving econo...
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