Trump tariffs push small nations to form new trade bloc
Amid Trump's tariff threats, Singapore and UAE are leading talks to form a new coalition, 'FIT-P' with New Zealand as a founding member. Potential members include Morocco, Rwanda, Malaysia, Uruguay, Costa Rica, Panama, Paraguay and Norway. The bloc aims to boost digital trade and openness. Trump, meanwhile, blasted India and BRICS, calling US-India trade ties a "one-sided disaster".