4 Articles
4 Articles
How do Trump's tariffs affect you? Here is an explainer
US President Donald Trump announced a new slate of tariffs on April 2, affecting Singapore, along with dozens of other US trading partners, in a "declaration of economic independence". The far-reaching “reciprocal tariff” policy, includes a 10 per cent baseline tariff on almost every country — including Singapore. China, a major exporter to the US, was slapped with an even steeper tariff at 34 per cent, which combined with the pre-existing 20 pe…
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