Facing a technical recession risk, Singapore urges Asian economies to embrace flexibility and avoid retaliatory tariffs. Deputy Managing Director of the Monetary Authority of Singapore (MAS) Robinson stressed that these actions shift supply negatively, exacerbate the trade-off between growth and inflation, and complicate monetary policy. He emphasized the need to prioritize regional trade integration initiatives such as digital and services trade, urging a shift away from protectionist measures like tariffs. The MAS has already faced a 10% baseline tariff by the U.S., and other Southeast Asian nations are facing threats of higher tariffs pending July’s implementation.