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Trump’s ‘Liberation Day’ turns trade into a weapon
There is more uncertainty for node economies like Singapore but the situation is not hopeless.
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Singapore's position as a global business hub hosting foreign corporations of all stripes will draw scrutiny.
ST PHOTO: GIN TAY
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“An age of impunity”: Former UK foreign secretary David Miliband coined the term in 2020 to spotlight the naked exercise of power through armed conflict.
Yet the tool of choice of the sole superpower today isn’t an aerial strike or an armoured assault. It’s the weaponisation of trade as a primary instrument of statecraft.
