Singapore interrupts growth expectations with the expectations of the trade war in global expectations

Donald Trump indicated that smartphones and other consumer electronics imported to the United States from China will face the customs tariff, which deals with hopes for the revival of major technology companies such as Apple, NVIDIA and Microsoft.

“Nobody comes out of the” hook “for the unfair commercial balances, and the non -critical tariff barriers, which were used by other countries against us, especially China, which, to a large extent, dealt with us in the worst! The US President wrote on his social platform in fact.

On Friday, his administration excluded phones, chip industry equipment and certain computers from the sharp “mutual tariff” in what was seen as an important boost of technology groups, whose shares fell after Trump launched a global trade war on April 2.

Read more here