Amid the current climate of geopolitical uncertainty arising out of US President Donald Trump’s tariffs, Singapore Prime Minister Lawrence Wong on Thursday said the world has changed, and “it’s not changing back anytime soon”.
“This is not just about what one country does. The fact is, trade barriers are going up and the rules keep shifting. The tensions between the major powers, especially America and China, are heating up and will continue to do so,” the Channel News Asia quoted Wong as saying.
“Tariffs between the two powers remain sky-high,” he said, noting that “even China-built ships heading to the US are being taxed.” PTI
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