Singapore's economic growth to be significantly impacted by US tariffs: PM Wong
Prime Minister Lawrence Wong said he expects economic growth this year to be significantly impacted by recently announced US tariffs, but the government will do all it can to steer Singapore through "choppy waters". A new task force — chaired by Deputy Prime Minister Gan Kim Yong — will also be set up to help firms and workers become more resilient and address immediate uncertainties arising from the US levies. Jeraldine Yap reports.
Prime Minister Lawrence Wong said he expects economic growth this year to be significantly impacted by recently announced US tariffs, but the government will do all it can to steer Singapore through "choppy waters". A new task force — chaired by Deputy Prime Minister Gan Kim Yong — will also be set up to help firms and workers become more resilient and address immediate uncertainties arising from the US levies. Jeraldine Yap reports.