Tag: tariffs

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Singapore cuts 2025 GDP forecast to 0–2% amid US tariffs and global trade tensions

Singapore has revised its gross domestic product (GDP) growth forecast for 2025, lowering it from 1 to 3 per cent to a more...

Trump exempts smartphones and electronics from China tariffs in move hailed by tech industry

The administration of US President Donald Trump has granted a significant exemption from steep reciprocal tariffs on Chinese goods, excluding smartphones, computer monitors,...

Singapore shares tumble again at Friday’s open after Trump’s 145% China tariffs shake markets

SINGAPORE: Singapore shares fell more than 3% as trading began on Friday (April 11) following the United States raising tariffs on Chinese goods...

Singapore Democratic Party calls for GST cut and reversal of fee hikes in response to US tariffs

The Singapore Democratic Party (SDP) has called on the Government to reduce the Goods and Services Tax (GST) from 9% to 7%, citing...

China raises tariffs on US goods to 84% in response to US escalation, urges removal of unilateral measures

China has announced it will raise tariffs on US imports from 34% to 84%, a retaliatory response to sweeping new US tariff measures...

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