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Trump tariff pause: We may be in the early stages of a World Minus One

The start-stop approach to tariffs could see the US increasingly isolated as countries reduce economic dependence on an untrustworthy player.

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The bigger short-term blow to the US economy will likely come from plummeting confidence in bond markets. 

The bigger short-term blow to the US economy will likely come from plummeting confidence in bond markets. 

PHOTO: AFP

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What a difference a few hours can make.

With Trump tariff rates now levelling out across the board,

Singapore’s relative advantage

– stemming from its low 10 per cent baseline tariff rate – has evaporated.

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