DPM Gan Kim Yong visits US amid 12.5% tariff on Singapore exports
The visit aims to reaffirm trade and investment ties with the US and explore cooperation in emerging sectors, the Ministry of Trade and Industry says.
Singapore's Deputy Prime Minister Gan Kim Yong is set to visit the United States on Tuesday (August 25) to address concerns surrounding a 12.5% tariff imposed on a range of Singapore exports. The 12.5% tariff, imposed by the US following an investigation into 60 trading partners over alleged forced labor violations, affects about one-third of Singapore's exports to the US, valued at approximately S$9.5 billion (US$7.5 billion) annually.
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- DPM Gan Kim Yong visits US amid 12.5% tariff on Singapore exports channelnewsasia.com
