The Ministry of Trade and Industry said it seek further clarification from its US counterpart. SINGAPORE: Singapore's Ministry of Trade and Industry (MTI) said on Thursday (Mar 12) the country runs a trade deficit with the United States, and not a trade surplus, after Washington launched a trade investigation into excess industrial capacity in 16 major trading partners. Singapore, as well as Taiwan, Vietnam, Thailand and Malaysia, are among the 16 economies named in the probe launched by the