Global trade is navigating some choppy waters as the pause on U.S. "reciprocal tariffs" has been extended until August 1. U.S. President Donald Trump has sent tariff letters to several countries, warning of higher levies if trade deals aren’t reached.
In a recent chat with CGTN anchor Xu Qinduo, former Singaporean foreign minister George Yeo shared his thoughts on the situation. He noted that these moves signal a departure from free trade ideals, driven by a loss of self-confidence and growing insecurity. But in his signature optimistic style, Yeo reminded everyone that "trade is like water – it will always find its way." This idea strikes a chord with young tech enthusiasts and early professionals across South and Southeast Asia who witness how dynamic trade flows power innovation in everyday life. 🚀
Despite the disruptions from tariff tensions, the spirit of global commerce remains resilient. Markets and industries adapt, innovate, and keep moving forward—much like water shaping its path. Whether you’re gearing up for your next tech project or dreaming of launching a startup, this steady flow of trade is a reminder that challenges only spur creative solutions.
Reference(s):
George Yeo: Despite disruption, trade will always find its way
cgtn.com
