"If Trump and the administration really levy a 60 per cent tariff on China, I think China will retaliate" and bring the case to the World Trade Organisation, said Dr Zhu, a former deputy governor at the People's Bank of China, or PBOC, in an interview on Bloomberg Television on Nov 15. "There are many things they can do."
He did not specify the potential retaliation measures. But he said the tariffs would impact the Chinese currency, which, he said, is determined by market forces such as trade and capital flows. The tariffs will also affect China's demand for US Treasuries, he added.
هذه القصة مأخوذة من طبعة November 17, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 17, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Respect ban on Elena's coach, says Swiatek
Iga Swiatek believes the WTA's decision to ban Elena Rybakina's coach Stefano Vukov for breaching the tour's code of conduct should be respected and the process behind it should be trusted.
1% Chance To Defeat Real: Pep
City boss knows his side face mountain to climb at Bernabeu in 2nd leg of play-off
Price Of Sustainability
Hotel overhauls, changes in food sources to add to cost of greener stays
Is DEI Really Dead?
Behind the headline-making war on diversity programmes by the Trump administration lies a more complex reality.
A messy doping case, a troubled sport, a poised player
As words go, poise is a pretty one. It denotes equilibrium under stress and composure in crisis.
Fight travel lethargy at wellness space in T2 transit area
A new wellness space designed to help passengers combat travel lethargy has opened in the transit area of Changi Airport Terminal 2 (T2), said operator Changi Airport Group (CAG) on Feb 17.
Singapore's Key Exports Resilient Despite Dip in January Amid CNY Period
Singapore's key exports remain resilient even though they contracted in January amid the Chinese New Year period, following two consecutive months of expansion in November and December 2024.
Alibaba's Jack Ma shakes Xi's hand at meeting of China's business titans
Ma's appearance signals Beijing's desire to inject confidence into the private sector
Singapore's 2035 climate targets feasible but collaboration, geopolitical stability vital: Experts
Road to 2035: Driving down emissions
Japan's Peach airline warned after pilot breached alcohol ban
Japan's low-cost carrier Peach Aviation received a warning from the Civil Aviation Bureau after the captain of a Jan 7 flight from Singapore to Kansai drank two cans of beer despite a pre-shift alcohol ban, and skipped an alcohol test before operating the plane.
