Singapore is expected to have a limited direct impact from U.S. tariffs due to a trade deficit with the U.S., although the country’s deputy prime minister Gan Kim Yong warned of potential longer-term effects on supply chains and trade patterns. Despite this, Singapore remains focused on exceeding its economic growth projections and is preparing for any disruptions to the economy. The city-state’s economy heavily relies on trade, with a trade-to-GDP ratio of over 300%, and recent support measures announced in the 2025 budget aim to address cost-of-living pressures and support local businesses, including studying the potential deployment of nuclear power.
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Trump deploys National Guard in L.A. amid protests over immigration raids
SummaryTom Homan, Trump’s appointed border czar, defended the deployment of 2,000 National Guard troops to Los Angeles amid local opposition, including from Gov. Gavin Newsom, who accused the administration of creating a spectacle. Homan criticized Newsom for his stance and warned that both the governor and L.A. Mayor Karen Bass could face arrest for impeding law enforcement efforts against undocumented immigrants. He reported that around 150 undocumented individuals were detained during recent ICE operations in...
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