Singapore, April 14, 2025 (AFP) - Singapore downgrades growth forecast amid US-China trade war

NAMPA / AFP

2025-04-14

Singapore on Monday downgraded its economic growth forecast for this year, the government said, as the trade-dependent nation braces for the effects of sweeping US tariffs and the US-China trade war. Although President Donald Trump imposed the baseline 10 percent tariffs on Singapore, the city-state is vulnerable to a global economic slowdown caused by the much higher levies on dozens of other countries because of its heavy reliance on internatio......

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