Core Viewpoint - Singapore will continue to face a 10% tariff from the United States as confirmed by the Ministry of Trade and Industry on August 1, following a recent executive order from the U.S. government [1] Group 1: Tariff Details - The U.S. has implemented a differentiated tariff arrangement for its trade partners, categorizing countries into three groups based on their trade balance with the U.S. [1] - Countries with a trade deficit with the U.S., including Singapore, will maintain a 10% tariff [1] - Thailand and Malaysia, in contrast, have been assigned a higher tariff rate of 19% [1] Group 2: Government Response - The Singapore Ministry of Trade and Industry has confirmed its understanding of the tariff situation to the U.S. Trade Representative's Office and is closely monitoring developments [1] - The ministry indicated that it will seek further clarification if necessary [1]
【环球财经】新加坡将继续面对10%美国关税
Xin Hua Cai Jing·2025-08-01 14:16