SINGAPORE (Dec 24): For months now, the ongoing trade war between the US and China has had the world on tenterhooks. Global markets have sold off heavily on concerns that an agreement that satisfies both sides is unlikely anytime soon. A prolonged trade war and rising tariffs are seen as major dampeners on global growth which, in turn, is leading to more uncertainty in the markets. Earlier this month, on the sidelines of the G20 meeting in Buenos Aires, US President Donald Trump and his Chinese counterpart Xi Jinping agreed to a temporary truce of sorts, deferring additional tariffs for 90 days starting January to let policymakers in Beijing and Washington hammer out a deal. 

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

SUBSCRIBE NOW