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Posted: 2025-05-03 08:42:32 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-03 08:42:56 UTC
Verified By
Rollup News
Prime Minister Lawrence Wong discusses the impact of US tariffs on the global economy and Singapore, outlining the government's strategies to support individuals and businesses in navigating these challenges.
Unpredictable and unstable new wave of protectionism
International trade and investments will suffer
Uncertainty could tip both the US and global economy into recession
Singapore has decided not to impose retaliatory tariffs to avoid increased costs for Singaporeans
Navigating the unpredictable and unstable new wave of protectionism
Addressing the potential suffering of international trade and investments
Mitigating the risk of recession in the US and global economy
Avoiding increased costs for Singaporeans due to retaliatory tariffs