GE2025: PSP says government response to Trump tariffs 'overblown', partly to 'instil fear' in voters

‘It’s not good news’: Singapore’s leaders warn over Trump tariff bombshell

PM Lawrence Wong warned of a rising global trade war threat, as his predecessor Lee Hsien Loong predicted long-term tariff fallout.

GE2025: PSP says government response to Trump tariffs 'overblown', partly to 'instil fear' in voters

Progress Singapore Party chairman Tan Cheng Bock said the government may be trying to frighten the voters into making a "safe bet" and voting for the incumbent.

Singapore PM Flags Tariff Alarm, Opposition Calls It Fear Tactic

Singapore’s political leaders warned of a tough road ahead after the US unveiled sweeping global tariffs, a move described by an opposition party as scaremongering.

Govt's response to US tariffs 'partly to instil fear': PSP chairman Tan Cheng Bock

The impact of the US tariffs has been overstated, according to Progress Singapore Party (PSP) chairman Tan Cheng Bock, who disagreed with recent assessments made by several ministers. US President Donald Trump unveiled sweeping new tariffs on trading partners on April 2, including a 10 per cent baseline tariff on almost every country — including Singapore. Several ministers, including Prime...

Trump's Tariff Bombshell: Singapore Banks Caught in the Crossfire

On April 7, 2025, Asian markets were hit by a wave of panic selling, and Singapore’s Straits Times Index (STI) wasn’t spared, dropping over 8% at midday before clawing back slightly to close down 7.55% at 3,536.76. The real story, though, was in the banking sector—stocks like DBS, UOB, and OCBC took a serious beating. What sparked this chaos? New tariffs from US President Donald Trump, announced just days earlier, have sent global markets into a…