Taxes
Arriving in waves, letters from the Trump administration started reaching the desks of 14 countries on Tuesday (July 8) ahead of the July 9 deadline. However, the 90-day pause will get some breathing space as the new tariffs will begin only on August 1. Apparently, Trump renewed his threat of a 25% tax on products […]
... written on Jul 09 2025Beijing frequently criticises the U.S. of employing out-dated, zero-sum thinking in trying to contain and suppress China’s rise through the lens of “Cold War mentality”. As recently as June 2025, China denounced US Defense Secretary Pete Hegseth for calling the Asian country a threat, accusing him of touting a Cold War mentality – referring to the […]
... written on Jul 07 2025With merely days before Washington’s reciprocal tariffs come back in full force, global attention turned to Vietnam on Thursday (July 3) after Donald Trump announced a trade deal with Hanoi. Under the agreement, which the U.S. president proudly called the “Great Deal of Cooperation”, the U.S. will charge 20% tariffs on Vietnamese exports to the […]
... written on Jul 04 2025Households in Singapore have reasons to smile from July to September due to lower energy and fuel costs – a drop in electricity and gas prices. Electricity bills will decrease by 0.65 cent per kilowatt-hour (kWh), while gas prices will fall by 0.44 cent per kWh. This comes after grid operator SP Group announced on […]
... written on Jun 30 2025One 7-ounce (201-gram) avocado provides 41% of the daily value of folate (also known as vitamin B9), which helps produce healthy red blood cells. Avocado is also high in fiber and vitamins C, E and K, not to mention potassium, copper and vitamin B6. Eating avocado regularly reduces total cholesterol and LDL (“bad”) cholesterol while […]
... written on Jun 16 2025Exactly how does Anwar Ibrahim know that reforms, which he had been screaming till foaming at the mouth from 1998 to 2022 when he was in the opposition, will fail if he does not even care to introduce them in the first place? Crucially, how did he conclude that reforming the toxic governance system will […]
... written on Jun 12 2025Michael Einhorn wanted to quit China. He really did. He supports the Trump agenda that champions fewer regulations, a lower tax burden for businesses, and elimination of environmental mandates that inflate energy prices. He founded Dealmed on a shoestring in 2006 – today it’s one of the two biggest privately owned, non-private-equity-held manufacturers and distributors […]
... written on Jun 10 2025Donald Trump used to believe that trade wars were easy to win, despite warnings from his own American economists and analysts that it will result in higher prices, lower growth, lost jobs and disrupted supply chains. Worse, trade war could spark inflation and recession. But Trump believes he has the formula to prevent an economic […]
... written on Jun 05 2025When BYD sneezes, the entire car industry catches a cold. Already the world’s largest Electric Vehicle (EV) maker, the Chinese “Build Your Dream” dropped a bombshell this week when it announced a sweeping price cut of up to 34%. The move sent shock waves not only in China, but also the world. Stock prices of […]
... written on May 29 2025With nearly a trillion dollars worth of trade last year, U.S. companies exported more than twice to the EU what they sent to China. In 2024, the U.S. imported about US$606 billion in goods from the European Union and exported around US$370 billion. In comparison, U.S. goods imports from China totaled US$438.9 billion, while exports to […]
... written on May 26 2025
