In a shocking reversal, US President Donald Trump announced a surprise 90-day pause on tariff hikes for most countries overnight, causing a surge in global markets.

This move comes after a period of heightened trade tensions, particularly with China, and has raised questions about the future direction of US trade policies.

But while some see it as a step toward stabilising the global economy, others are concerned about the long-term implications of continued tariff uncertainty.

So what does this decision mean for the global trade environment? And could this decision signal a shift away from a possible recession?

On The Big Story, Hongbin Jeong speaks with Antonio Fatás, Professor of Economics at INSEAD to find out more. 

In a shocking reversal, US President Donald Trump announced a surprise 90-day pause on tariff hikes for most countries overnight, causing a surge in global markets.
This move comes after a period of heightened trade tensions, particularly with China, and has raised questions about the future direction of US trade policies.
But while some see it as a step toward stabilising the global economy, others are concerned about the long-term implications of continued tariff uncertainty.
So what does this decision mean for the global trade environment? And could this decision signal a shift away from a possible recession?
On The Big Story, Hongbin Jeong speaks with Antonio Fat&aacute;s, Professor of Economics at INSEAD&nbsp;to find out more.&nbsp;

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Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

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