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Singapore’s US tariff rate stays at 10%, but the Republic is not out of the woods yet
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Singapore, the region’s largest transshipment hub, has so far not attracted any public comments from the US on the subject.
PHOTO: ST FILE
SINGAPORE – Singapore can take some solace after emerging relatively unscathed from US President Donald Trump’s latest tariff assault on global trade, with its rate maintained at the baseline 10 per cent – the lowest in Asia.
But its policymakers are unlikely to get any rest until some outstanding issues gain greater clarity.
