Trump’s Tariffs Strain Ties, Worry Singapore Amidst Global Trade Conflict

Singapore Prime Minister Lawrence Wong expresses concern over the US imposition of a 10% import tariff across all countries as part of trade action. He stresses the negative impact on Singapore’s export-dependent economy and highlights the global nature of the conflict. According to Wong, this new tariff is not negotiable and will disrupt the country’s export sector. Despite avoiding higher tariffs imposed on neighboring nations like China, Singapore still faces challenges with the US. This move was a breach of their longstanding free trade agreement.