U.S. companies are worried about the potential consequences of President-elect Donald Trump’s tough stance on China, fearing higher tariffs, disrupted supply chains, and retaliation from the Chinese government. Experts warn that the Trump administration’s actions could escalate into an “economic war” with China, leading to a more aggressive response from Beijing, including measures beyond tariffs. The risk of public backlash and consumer boycotts in China against American brands adds another layer of concern for companies already seeking to diversify their supply chains away from China.
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Singaporeans can start claiming their SG60 vouchers in July
Singapore citizens aged 21 and above can claim their SG60 vouchers starting in July 2025, with S$800 available for those aged 60 and above from July 1, and S$600 for younger citizens from July 22. The vouchers can be used at participating heartland merchants, hawkers, and supermarkets, and citizens can claim them digitally via Singpass or with assistance at community centres. Explain It To Me Like I'm 5: Singapore is giving special vouchers to all...
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