A Trump-inspired ‘Big Beautiful’ baby bonus could help birth the next boom for Singapore equities

It wouldn’t cost much relatively, and it could pave the way for stock investments to be part of our lives – while helping to make SGX great again

US President Donald Trump is one of the most divisive figures in recent history. And it is not often that his policies – and outlandish remarks – fail to draw reactions ranging from eye-rolling to panic in the financial markets.

For example, under Trump’s One Big Beautiful Bill Act (OBBBA), a sweeping legislative package containing hundreds of provisions, the administration has significantly rolled back the US government’s climate change and clean energy initiatives. Trump has called wind and solar power “the scam of the century”, and also used executive orders and agency actions to further dismantle environmental regulations.

His “Liberation Day” tariffs unleashed on Apr 2 – aimed broadly at reviving a declining manufacturing base in the US – also sparked a frenetic year for global trade in 2025.

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