Economics
Singapore Uncertainty Index Climbs as Trade War Clouds Outlook
- Index levels are still low compared to Trump election period
- With trade frictions simmering, outlook for Singapore is mixed
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Rising U.S.-China trade tensions are raising alarm bells in export-reliant Singapore, with an index measuring economic uncertainty climbing to a five-month high in March.
The Economic Policy Uncertainty Index for Singapore increased to 155 last month from 126 in February, showing the tariff threats are starting to make their mark.