Trade

Singapore Won’t Retaliate Against Tariffs, Seeks Talks

Singapore will be subject to the minimum universal tariff on all exports to the US.
Photographer: Roslan Rahman/AFP/Getty Images

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By Philip Heijmans and Low De Wei

April 3, 2025 at 9:32 AM UTC

Corrected

April 4, 2025 at 2:51 PM UTC

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Singapore Deputy Prime Minister Gan Kim Yong ruled out any immediate retaliation against the US after it imposed a 10% baseline global tariff that threatens to have a “significant impact” on the trading hub’s economy.