US president-elect Donald Trump criticized California’s handling of the wildfires in Los Angeles, calling it one of the worst catastrophes in US history and questioning the state’s ability to put out the fires. Governor Gavin Newsom responded by inviting Trump to witness the damage in person, emphasizing the need for cooperation and open communication. Despite the invitation, Trump has not yet responded to Newsom’s offer.
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More businesses look to Singapore for smooth flow of goods amid tariff volatility, say logistics firms
Read a summary of this article on FAST.SINGAPORE: Amid global trade volatility due to U.S. tariffs, logistics companies report increased cargo volumes in Singapore, with PSA handling 14.1 million TEUs—a 6% rise—and Changi Airport seeing a 2% uptick in air freight from January to April 2024. Maersk anticipates continued growth and flexibility in shipping due to tariff clarity, while FedEx highlights Singapore's strategic role as a South Pacific hub. Analysts emphasize infrastructure investments, including Tuas...
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