SINGAPORE - Call it “G minus one”, as termed by Nobel prize-winning economist Joseph Stiglitz. Or “the world, temporarily minus one”, as Senior Minister Lee Hsien Loong put it. These characterisations of a framework for the global economy, minus America, emerged in 2025 after the re-election of US President Donald Trump and an escalation of his tariff policy. Far from a drive to exclude the US, governments and experts are trying to find a way forward if America continues to abdicate its leadership role in the global trading system, analysts say. The efforts have unfolded in several ways. Multilateral agreements, including those without US involvement, have drawn interest. Plurilateral and minilateral initiatives, involving fewer countries, have also been raised by Prime Minister Lawrence Wong as avenues to make progress with like-minded partners on trade and other matters. https://www.straitstimes.com/business/why-diverse-trade-networks-are-becoming-more-important-for-singapore?ref=top-stories (ICE SINGAPORE)

Fonte notizia: The Straits Times, 2 January 2026