May 1, 2025 10:33 AM

Singapore PM urges voters to re-elect his cabinet to deal with US, China

Singaporeans need to vote for candidates who have built up trust and close relationships with counterparts in the U.S. and China, said Prime Minister Lawrence Wong on Thursday, urging voters to re-elect his cabinet at a May 3 poll. Addressing a 1.4 million-strong labour union on the last day of campaigning, Wong warned of economic turbulence and job losses if U.S. tariffs slow global growth. His government has warned the trade-reliant economy may face a possible recession. "We must expect more...

February 28, 2025 10:55 AM

Trump vows March 4 tariffs for Mexico, Canada, extra 10% for China over fentanyl

U.S. President Donald Trump on Thursday said his proposed 25% tariffs on Mexican and Canadian goods will take effect on March 4 along with an extra 10% duty on Chinese imports because deadly drugs are still pouring into the U.S. from those countries. Trump told reporters in the Oval Office that the fresh tariffs on Chinese imports would stack on top of the 10% tariff that he levied on Feb. 4 over the fentanyl opioid crisis, resulting in a cumulative 20% tariff. Trump first announced the new du...