#CNA Lee Hsien Loong on Trump’s tariffs: “Biggest shock the global trading system has ever faced”

https://www.youtube.com/watch?v=D0PBM1o2qn8

Lee Hsien Loong on Trump’s tariffs: "Biggest shock the global trading system has ever faced"
The tariffs that US President Donald Trump announced on what he called "Liberation Day" were more drastic than expected, and in fact came "as the biggest shock which the global trading system has ever faced", Singapore Senior Minister Lee Hsien Loong said.

In a speech to union leaders in Singapore on Monday (Apr 14), Mr Lee spoke at length on how Trump’s tariffs will damage US-China relations, their impact on the world, and how the tariffs are different from previous crises.

Mr Lee also spoke on the impact of Trump’s tariffs on Singapore. Watch the next part of his speech here: https://www.youtube.com/watch?v=hI1Fr5eg0Xg Read more: https://ift.tt/hbFko3x

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from CNA

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