Singapore 'cannot rule out' recession due to US tariffs

Singapore 'cannot rule out' 2025 recession due to US tariffs

SINGAPORE — Singapore “cannot rule out” a recession this year because of the global uncertainty caused by US President Donald Trump’s tariffs, its trade minister said Wednesday. “Given potential downside risks, we cannot rule out the possibility of a recession this year,” Deputy Prime Minister and Trade Minister Gan Kim Yong said at a news

DPM Gan and US Trade Representative Jamieson Greer discuss US tariffs and their impact on trade

DPM Gan also took the opportunity to explain Singapore's unique status as a small open economy. Read more at straitstimes.com.

Singapore 'cannot rule out' recession due to US tariffs

SINGAPORE: Singapore “cannot rule out” a recession this year because of the global uncertainty caused by US President Donald Trump’s tariffs, its trade minister said Wednesday. © New Straits Times Press (M) Bhd

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How South-east Asian growth enterprises should adapt to US tariffs

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Singapore 'cannot rule out' recession this year due to US tariffs: minister

Singapore “cannot rule out” a recession this year because of the global uncertainty caused by US President Donald Trump’s tariffs, its trade minister said Wednesday. “Given potential downside risks, we cannot rule out the possibility of a recession this year,” Deputy Prime Minister and Trade Minister Gan Kim Yong said at a news conference. On […] The post Singapore ‘cannot rule out’ recession this year due to US tariffs: minister appeared first …