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Singapore shows signs of slowdown ahead of Trump’s biggest tariff salvo on April 2
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The forecast for Singapore’s 2025 GDP growth stands at 1 per cent to 3 per cent. A tariff-induced tilt towards the lower end would in time jeopardise jobs and pay cheques.
ST PHOTO: SHINTARO TAY
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SINGAPORE – Indicators of a potential slowdown are piling up as Singapore businesses and trade partners overseas pull the brakes on future commitments ahead of a US proclamation on April 2 of reciprocal tariffs that will target all nations
From manufacturing output to exports, recent data showed a waning momentum
