Trade war could hit Singapore's growth: Analysts

An all-out trade war between the US and China could shave 0.3 percentage point off gross domestic product (GDP) growth in Singapore this year, OCBC economists warned yesterday.

They considered two possible scenarios: a mild stoush with US tariffs on US$50 billion (S$68 billion) of imports, and a more severe one with levies on US$250 billion worth of goods.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content
A version of this article appeared in the print edition of The Straits Times on July 12, 2018, with the headline 'Trade war could hit S'pore's growth: Analysts'. Print Edition | Subscribe