Singapore PM Warns of Global Trade Collapse After Trump Tariffs Shock Markets
Video Credit: Oneindia - Duration: 23:09s - Published
Singapore PM Warns of Global Trade Collapse After Trump Tariffs Shock Markets
Singapore Prime Minister Lawrence Wong has issued a stark warning about the unraveling global trade system.
Following Donald Trump's sweeping new tariffs, Wong compared todayās fragmentation to preāWorld War conditions.
He cautioned against rising protectionism and urged nations to avoid a return to economic nationalism.Markets remain volatile as global leaders grapple with the fallout from the U.S. trade shift.
Prime Minister Lawrence Wong and his new Cabinet were officially sworn in at the Istana on May 23. In his inaugural speech, Wong emphasized Singaporeās need to navigate a shifting global order by maintaining strong ties with both the U.S. and Chinaāwithout taking sides. He pledged consistent, principled diplomacy and named Gan Kim Yong as Deputy PM. Key appointments include K. Shanmugam for national security, Chan Chun Sing for defence, and Ong Ye Kung for social policies. Wongās leadership marks a pivotal new chapter for Singapore.
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Soosai Antony Vainer, an Indian national, faces charges in Singapore for a fatal ship collision last year. As the duty lookout on the Hafnia Nile, Vainer.. IndiaTimes
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World leaders mourn the horrific crash of Air India Flight AI-171, which killed 240 of the 242 onboard shortly after take-off from Ahmedabad. The international flight to London carried citizens from India, the UK, Portugal, and Canada. King Charles III, UK PM Keir Starmer, EUās Ursula von der Leyen, and leaders from Canada, Singapore, Malaysia, and Nepal have extended condolences. As India reels, global solidarity pours in for the victims, their families, and the grieving nation.
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