To be sure, this year has seen US President Donald Trump's trade tantrums rattle the world. In the wake of Mr Trump's tariffs on US$50 billion (S$68.7 billion) of China trade, China's machinery manufacturers and semiconductor factories have suffered, and America's automakers and soya bean producers have bled jobs and income.
We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs.