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EconomySingapore says $7.4 billion in exports hit by new US tariffs

Singapore Trade Minister Gan Kim Yong said new US tariffs will affect about one-third of the country’s exports to the United States. The affected goods are valued at S$9.5 billion, equivalent to $7.4 billion. The United States imposed the 12.5% tariff on July 24.

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RReuters★★★☆☆2026-08-06 03:01Original

Singapore says $7.4 billion in exports hit by new US tariffs
Singapore says $7.4 billion in exports hit by new US tariffsEconomy