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How Trump team’s ‘global economic reordering’ could affect Singapore
The existence of an FTA is no protection against the next administration’s views on tariffs as a tool to promote “structural economic overhauls”.
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Mr Scott Bessent’s call for a “grand global economic reordering” indicates a deep dissatisfaction with the existing global economic order.
PHOTO: REUTERS
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President-elect Donald Trump’s announcement of his picks for top economic positions in his upcoming administration has led to another round of speculation as to what they might mean for his economic policies.
Trump has nominated Scott Bessent, a Wall Street hedge-fund executive, for Treasury Secretary,
