Despite the strong and longstanding economic relationship under the US-Singapore Free Trade Agreement, Singapore is naturally disappointed with the US’ decision to impose baseline 10% tariffs on Singapore. Nevertheless, it will not impose retaliatory import duties as this would affect consumers and businesses here. Instead, the Government will reach out and engage with US counterparts and work together constructively to understand and address their concerns. Deputy Prime Minister and Minister fo
2:09
Despite the strong and longstanding economic relationship under the US-Singapore Free Trade Agreement, Singapore is naturally disappointed with the US’ decision to impose baseline 10% tariffs on Singapore. Nevertheless, it will not impose retaliatory import duties as this would affect consumers and businesses here. Instead, the Government will reach out and engage with US counterparts and work together constructively to understand and address their concerns. Deputy Prime Minister and Minister fo
9.8K viewsApr 4, 2025
Facebookgov.sg
Singapore warns of global trade war as US tariffs take effect
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It's in Singapore's interest to uphold the US-Singapore free trade agreement despite President Donald Trump's latest tariff announcements, says Education Minister Chan Chun Sing. Mr Chan breaks down how an escalating global trade war might affect Singapore and the region. #TrumpTariffs #singapore #deepdive | CNA
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It's in Singapore's interest to uphold the US-Singapore free trade agreement despite President Donald Trump's latest tariff announcements, says Education Minister Chan Chun Sing. Mr Chan breaks down how an escalating global trade war might affect Singapore and the region. #TrumpTariffs #singapore #deepdive | CNA
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