The market condition now
The global market is extremely focused on the trade war between US and China.
With Singapore being extremely affected by whatever happens in the market, it is important that local investors understand what is going on with the market and the relative actions to take.
China – United States Trade War
Here’s a quick recap of what happened:
Both China and US went on a trade war where both sides threatened and eventually imposed new trade tariffs on each other’s goods. Trump administration imposed it first on Chinese goods such as flat-screen televisions, medical devices and aircraft parts, to make Chinese products more expensive for the people in America. source: Financial Times While reports