Singapore to seek clarity from US counterparts on implementation of Trump’s new 15% tariff

Deputy Prime Minister Gan Kim Yong speaking to reporters at a doorstop about the US tariffs at One Punggol CC on Feb 22. - ST

SINGAPORE: The Government will engage its US counterparts to seek clarity on the implementation of a potential new 15 per cent tariff on all goods entering the US from Feb 24, said Deputy Prime Minister Gan Kim Yong.

He noted that if the 15 per cent minimum tariff is applied across the board, it would be very difficult for Singapore to negotiate for exemptions.