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Singapore signals S$9.5bn export hit from new US t...

Singapore signals S$9.5bn export hit from new US tariff

Published on: Thursday 06 August 2026

Addressing parliament, Gan said the 12.5% levy, which took effect on 24 July and was brought in under Section 301 of the US Trade Act of 1974, would affect shipments such as optical instruments and chemical products.

News source: https://finance.yahoo.com/economy/policy/articles/singapore-signals-9-5bn-export-125401011.html

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Singapore signals S$9.5bn export hit from new US tariff