Singapore Won’t Retaliate Against US Tariffs, Seeks Engagement

Bloomberg2025-04-03

Singapore Deputy Prime Minister Gan Kim Yong ruled out any immediate retaliation after the US imposed a 10% baseline global tariff, indicating officials will seek talks over levies which threaten to ...

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Comments

  • neo26000
    2025-04-04
    neo26000
    Since Singapore has a trade surplus with the US, maybe it should just use that new economic formula cooked up by Trump’s experts: (Trade Deficit / Imports = 3/46 = 6%). Wait, scratch that—there’s a minimum tariff of 10%. So, looks like Singapore should just slap the US with a 10% tariff too!
  • Nirtanyahu
    2025-04-03
    Nirtanyahu
    Smart move.. Power
  • MultiBaggers
    2025-04-03
    MultiBaggers
    Singapore is such a small economy as compared to our regional neighbours, hence, small countries like us ought to know our place in this world. We cannot afford to retaliate against the big boys like USA and China.
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