Donald Trump’s new tariffs aim to address the trade deficit by targeting major Asian allies and Europe, blaming unfair practices abroad. However, the real issue lies in America’s high consumption levels and lack of competitive goods to export, exacerbated by the strong dollar and interest rates. Despite US companies generating significant revenues globally, tax loopholes and debt servicing costs hinder efforts to offset the growing trade deficit, raising concerns about reliance on foreign investors.
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GE Newbies Watch: Ex-army chief, private tutor, swim coach among potential candidates seen on the ground
In preparation for the upcoming General Election, political parties in Singapore have been actively engaging with the public. Notable individuals such as former Chief of Army David Neo and youth development director Natasha Choy have been seen participating in community events. Additionally, Diana Pang, a long-time volunteer with the People's Action Party (PAP), has been involved in various initiatives in the Marine Parade Cluster. The Workers' Party (WP) is considering seasoned medical professional Dr. Ong...
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