Morning Shot: Trade Wars and Changing Alliances - Trump’s Tariffs at the Crossroads

In a dramatic change of policy, just hours after levies against roughly 60 of America's trading partners came into effect, US President Donald Trump made a tariff u-turn.

Trump authorised a 90-day pause in the higher tariffs for most countries he announced last week - while maintaining a 10% baseline tariff across the board. 
But at the same time,Trump raised tariff rates on China to 125% after Beijing imposed additional retaliatory tariffs on US goods.

On this episode of Morning Shot, Casey Mace, Chargé d’Affaires at the US Embassy in Singapore shares his insights. 

Presented by: Emaad Akhtar & Audrey Siek
Produced by: Yeo Kai Ting (ykaiting@sph.com.sg) 
Photo credits: Anna Moneymaker/Getty Images

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