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Today is "Liberation Day" in the US. Trump tariffs hits worldwide. LW and GKY pissing in the pants? Have they worked on retaliatory tariffs to impose?

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Please appreciate Good Efforts by our Good Hands
 
The system running Singapore as a whole need a wholesome new upgrade, not because it has no merit for the current system.
We need to build in more upgrades and fail switches.
 
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Nearly seven in 10 (69 per cent) said they expect the new tariffs to have a significant or moderately negative impact on their operations.

The survey findings came ahead of an anticipated announcement by the White House on April 2 in Washington, detailing sweeping reciprocal tariffs on America’s trading partners, with the harshest burden falling on Asian economies.

Singapore’s imports to the US will be levied the “baseline” 10 per cent tariff on all goods coming into the US from anywhere in the world. Imports from about 60 trade partners that the White House described as the “worst offenders” face higher rates.
 

Tesla’s first-quarter deliveries in China slump 22% to a 3-year low as it trails rival BYD​

Output from the Shanghai Gigafactory dropped to 172,754 units in the first three months of the year from 220,876 a year earlier​


:roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao:
 
So how? What LW going to do about Trumps 10% tariff? Or is never make any retaliatory plans at all?
Before Trump was elected, LW has already imposed 9% tariff, in Singapore we call it GST. This country has no right to be angry at other nations who imposed tariffs on goods and services.
 
Singapore's GIC Cashes Out USD128 Billion of Zijin Mining’s Shares as Gold Price Surges
LI JUN
DATE: 21 HOURS AGO
/ SOURCE: YICAI
Singapore's GIC Cashes Out USD128 Billion of Zijin Mining’s Shares as Gold Price Surges
Singapore's GIC Cashes Out USD128 Billion of Zijin Mining’s Shares as Gold Price Surges
(Yicai) April 2 -- GIC Private, Singapore’s sovereign wealth fund, has reduced its holdings in Zijin Mining Group, divesting about HKD1 billion (USD128 million) worth of shares, amid a sustained rapid rise in gold and copper prices which has boosted the Chinese gold miner's stock price. By locking in its profits early, GIC, as a long-term investor, will likely reposition its assets, industry insiders said.

GIC pared its stake in Zijin Mining by over 60 million shares in the first three months, according to data recently released by the Hong Kong bourse. Most recently, on March 27, the sovereign wealth fund sold 5.4 million shares, with a value of almost HKD100 million (USD12.8 million). GIC's shareholding has now been diluted to 5.99 percent from 7.02 percent on Jan. 7.

The Longyan-based miner’s stock price has gained over 20 percent in value since the start of the year, largely thanks to record-high output and profits from copper and gold mining last year. Net profit surged 51.8 percent from a year earlier to CNY32.1 billion (USD4.4 billion) while revenue climbed 3.5 percent to CNY303.6 billion (USD41.7 billion).

Gold prices had broken past USD3,000 per ounce, as of March 31, while copper prices topped CNY80,000 (USD11,001) per ton. Li Qian, an investment consultant at Huiyan Zhitou Technology, told Yicai that the gold market is cyclical. With gold prices hitting new highs, the market is on an upward swing. But, historically, when gold prices peak, market volatility tends to increase.

While rising precious metal prices usually benefit mining companies, they can also lead to the overvaluation of such stocks, said Yu Fenghui, an advisor at the Top 100 Hong Kong Listed Companies Research Centre. GIC has chosen to take profits early to lock in gains and avoid potential price corrections. Furthermore, given changes in the global macroeconomic environment, GIC may adjust its asset allocation strategy and shift towards more promising or more stable asset classes.

Zijin Mining [SHA: 601899] saw its A-shares close down 2.4 percent at CNY17.50 (USD2.40) per share today. The Hong Kong-traded stock [HKG: 2899] closed down 2 percent at HKD17.32 (USD2.23)
 

Trump Pressures ‘Friend’ Modi With High Tariff Rate on India​






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WATCH: Donald Trump runs down the reciprocal tariff rates the United States will impose on worldwide trading partners.Source: Bloomberg
By Shruti Srivastava and Ruchi Bhatia
3 April 2025 at 8:32 AM SGT
Updated on
3 April 2025 at 1:48 PM SG
 
Associated Press

US bans government personnel in China from romantic or sexual relations with Chinese citizens​

DAKE KANG, MATTHEW LEE and DIDI TANG
Thu, 3 April 2025 at 12:09 PM SGT5-min read

394c5582b08baa0080abf3ba9705e150

FILE - Uniformed and plainclothes security officers stand guard outside the U.S. Embassy in Beijing, Aug. 3, 2022. (AP Photo/Mark Schiefelbein, File) (ASSOCIATED PRESS)
WASHINGTON (AP) — The U.S. government has banned American government personnel in China, as well as family members and contractors with security clearances, from any romantic or sexual relationships with Chinese citizens, The Associated Press has learned.

Four people with direct knowledge of the matter told the AP about the policy, which was put into effect by departing U.S. Ambassador Nicholas Burns in January shortly before he left China. The people would speak only on condition of anonymity to discuss details of a confidential new directive.

Though some U.S. agencies already had strict rules on such relationships, a blanket “non-fraternization” policy, as it is known, has been unheard of publicly since the Cold War. It’s not uncommon for American diplomats in other countries to date locals and even marry them.
 
Associated Press

US bans government personnel in China from romantic or sexual relations with Chinese citizens​

DAKE KANG, MATTHEW LEE and DIDI TANG
Thu, 3 April 2025 at 12:09 PM SGT5-min read

394c5582b08baa0080abf3ba9705e150

FILE - Uniformed and plainclothes security officers stand guard outside the U.S. Embassy in Beijing, Aug. 3, 2022. (AP Photo/Mark Schiefelbein, File) (ASSOCIATED PRESS)
WASHINGTON (AP) — The U.S. government has banned American government personnel in China, as well as family members and contractors with security clearances, from any romantic or sexual relationships with Chinese citizens, The Associated Press has learned.

Four people with direct knowledge of the matter told the AP about the policy, which was put into effect by departing U.S. Ambassador Nicholas Burns in January shortly before he left China. The people would speak only on condition of anonymity to discuss details of a confidential new directive.

Though some U.S. agencies already had strict rules on such relationships, a blanket “non-fraternization” policy, as it is known, has been unheard of publicly since the Cold War. It’s not uncommon for American diplomats in other countries to date locals and even marry them.
Horny americans will not be able to resist beautiful oriental xmm, so they will still fall into the ccp honey-trap.:thumbsup:
 
lol gst shifts d burden of tax from d lich to d poooooooooooor :roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao:

n dey tell u ish to help d poooooooooooor wat dey din shay is to get pooooooorer :roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao:


highest payed pat holo gic al liiiiiiiiiiiiiiiiiiiiiiiiiarrrrrrrrrrrrssssssssssssss :roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao:

hallmark of d pupppppiiiiiiieeeeeeesssssssssssssssssssss :roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao:


d biggest scam - gst

robin hood robs the rich to give the poor

hood robin robs the poor to give the rich, dis g is hood robin

before gst rich man tax was 40% after gst is was reduced to 30%, then to 20%, now stands at 23%

corparate tax was at 40%, after gst it was reduced, now stands at 17%

estate duty was abolished on 15 feb 2008

1 tier dividend tax was introduce from 1 jan 2008

before 1 tier div tx, div flows to personal income n is taxed at personal tax bracket ie rich man is taxed at 40% while retired n jobless will get a refund if the div is less than their taxable income

after 1 tier div tax rich man get a huge discount from 40% to 17%, saving 23% while poor man who used to get a refund, now effectivel pays corrparate tx of 17% n gst, ie his tax liability has effectively increase from 0 to 17% plus gst

so after gst, rich man is saving 17% on income tax every year n 23% on div tx and ofc no longer subject to estate duty

so gas where the shortfall comes from??

:roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao::roflmao:
 
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