Uncertainty over US trade policy

Mr Ravi Menon, managing director of the Monetary Authority of Singapore.
Mr Ravi Menon, managing director of the Monetary Authority of Singapore.PHOTO: REUTERS

While support for free trade remains strong within various arms of the US establishment, there remains much uncertainty over incoming US president Donald Trump's actual policy.

If he introduces protectionist measures and sets off trade wars, the global economy will face "disastrous consequences", said Monetary Authority of Singapore managing director Ravi Menon.

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A version of this article appeared in the print edition of The Straits Times on January 17, 2017, with the headline 'Uncertainty over US trade policy'. Print Edition | Subscribe