Global Trade Impact Archives

April 14, 2025
International
World

Singapore downgrades GDP growth forecast to 0-2 pc | Business

Singapore has lowered its 2025 GDP growth forecast to 0-2% due to the anticipated impact of US tariffs on global trade. The Monetary Authority of Singapore has eased monetary policy in response to economic concerns stemming from the US-China trade war. The trade war is expected to negatively affect global trade, economic growth, and business […]

April 9, 2025
International
World

Trump says countries are ‘kissing my ass’ wanting to make trade deals

TOI correspondent from Washington: MAGA supremo Donald Trump claimed on Tuesday that many countries are calling him and “kissing my ass… dying to make a deal” after he unleashed a tariff war that has upended global trade. In a speech at a Republican Congressional Committee dinner, the US President did not identify any countries but […]