EconomyUS tariffs: Some manufacturers seek productivity gains to offset 12.5% duties

Some Singapore manufacturers are considering operational adjustments after the latest increase in US tariffs. They are nevertheless delaying major decisions about relocating production. Other companies are investing in productivity improvements to absorb the higher costs. The Singapore Business Federation says it has received a handful of inquiries about the situation. NUS Business School Associate Professor Goh Puay Guan outlines the difficulties companies may face when deciding how far to respond.