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  • George Yeo, a former Singapore foreign and trade minister, says there's potential for a "global economic crisis" arising from the U.S.-China trade war.
  • Yeo, who is now chairman of Kerry Logistics Network, says the company has profited in the short run as companies divert trade and investment to avoid tariffs.
  • He says that the best chance to resolve the trade war is in direct talks between U.S. President Donald Trump and Chinese President Xi Jinping.

OTHER NEWS

Trump has until May 2 to decide whether to issue new waivers to eight governments that were allowed in November to keep buying Iranian oil without facing penalties. “The U.S. will probably fail to reduce Iranian exports to zero, despite renewed talk from the White House about letting all oil import waivers expire in early […]

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