New 15% US tariff likely to apply to Singapore, says DPM Gan Kim Yong
Government
Singapore is seeking clarity from Washington on implementation details, including whether processes for tariff refunds will be put in place. SINGAPORE: Singapore is likely to fall under a new United States tariff of 15 per cent on all imports, Deputy Prime Minister Gan Kim Yong said on Sunday (Feb 22), urging the country to prepare for a fundamentally changed global trade environment. Mr Gan's comments came after US President Donald Trump announced the rate increase from an earlier 10 per cent.
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