Summary

Singapore is seeking clarification from the US on the implementation of a potential 15% tariff on all goods entering the US, as announced by President Trump. The tariff, which may be applied across the board, could impact Singapore’s economy, and the government is monitoring the situation closely. While maintaining its economic growth forecast, Singapore is working with industry partners to provide support to businesses and workers, encouraging them to explore new markets and value-added products.

https://www.straitstimes.com/business/singapore-to-seek-clarity-from-us-counterparts-on-implementation-of-trumps-new-15-tariff?ref=top-stories