LIVE | Singapore PM Sounds Alarm on US Decline with a Chilling Warning for the World | Trump Tariffs
April 18, 2025
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7:20:03Now PlayingLIVE | Singapore PM Sounds Alarm on US Decline with a Chilling Warning for the World | Trump Tariffs
YouTube Description
as posted by the channelWatch LIVE as Singapore Prime Minister Lawrence Wong delivers a stark warning about the collapse of the global trade system following Trump’s “Liberation Day” tariffs. Wong describes the current situation as “a seismic change” marking the end of rules-based globalization, creating a world that is “more arbitrary, protectionist and dangerous.” Despite Singapore’s free trade agreement and trade deficit with the US, it faces a 10% tariff that Wong calls unfriendly. He draws parallels to the 1930s, warning that small nations risk being “squeezed out and marginalized” in this new economic order. With Singapore’s elections approaching on May 3, Wong is working to strengthen ASEAN integration while Singapore’s central bank has already eased monetary policy twice this year in response to deteriorating economic conditions.
#TrumpTariffs #Trump #Xijinping #TradeWar #GlobalEconomy #LawrenceWong #USChinaTensions
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