MAS says a change in US policy direction post November polls would have global impact

Quick Summary:

Import tariff hikes by the US could negatively impact global growth and inflation.

Mr Trump has floated a host of policy measures that he believes would help the US economy, including as tax cuts and deregulation.

Market participants worldwide are bracing for dramatic policy changes if Mr Donald Trump wins the US elections in November.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaMalaysiaThailandVietnam

Topics: Measures Growth Economy Inflation Global Market Tariff Chia Trump Policy Hikes

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-18 @ 14:55:08 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 754 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21671923

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 23 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

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Publisher ID: #25

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