This article for the Tong's Portfolio column, which predicts a likely walk back of some of the tariffs, was prepared for this coming week's issue of The Edge Malaysia and The Edge Singapore, but because of US President Donald Trump's U-Turn overnight (albeit for 90 days), we have decided to publish it online first.
There will be an updated version via a sidebar article in the coming weekend's issue. In the meantime, do read the attached PDF for our perspective on the mistake he made with his tariff card that wiped out trillions of dollars from global markets.
To read Trump's big blunder — and no, its not tariff per se, click here.
