2025.07.08 18:12 GMT+8

George Yeo on U.S. tariff escalation: Despite disruption, trade will always find its way

Updated 2025.07.08 18:12 GMT+8
CGTN

With the pause on U.S. "reciprocal tariffs" extended to August 1, U.S. President Donald Trump has sent tariff letters to several countries, warning of higher levies if trade deals aren't reached. Analyzing the potential escalation and its impact, former Singaporean foreign minister George Yeo told CGTN anchor Xu Qinduo that Trump has abandoned the ideals of free trade because of a loss of self-confidence and growing insecurity within the U.S. Despite the confusion and disruption caused by the tariff moves, Yeo remains optimistic about the resilience of global commerce, commenting, "Trade is like water – it will always find its way."

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