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Our MSM never directly said Gan this week US trip is to "discuss" about tariff with Trump's USA...I only found out from Reuter news.
SINGAPORE, July 10 (Reuters) - Singapore trade minister Gan Kim Yong will visit the United States later this month to discuss tariff concessions for the country's pharmaceutical exports, he said on Thursday, part of efforts to limit the economic impact of the trade war. Singapore has not received a letter from the Trump administration this round and its exports are still subject to a 10% baseline tariff that was announced in April.
The tariff was levied on Singapore despite a free trade agreement in place with the island nation since 2004. There is concern that broader sectoral tariffs could hurt demand for Singaporean products, including semiconductors, consumer electronics and pharmaceutical goods, which the central bank said accounts for about 40% of exports to the United States.
U.S. President Donald Trump sent letters to 22 countries this week, including its allies Japan and South Korea, notifying them of tariffs of 20% to 50% that will kick in from August 1.
https://www.reuters.com/world/asia-pacif...025-07-10/
SINGAPORE, July 10 (Reuters) - Singapore trade minister Gan Kim Yong will visit the United States later this month to discuss tariff concessions for the country's pharmaceutical exports, he said on Thursday, part of efforts to limit the economic impact of the trade war. Singapore has not received a letter from the Trump administration this round and its exports are still subject to a 10% baseline tariff that was announced in April.
The tariff was levied on Singapore despite a free trade agreement in place with the island nation since 2004. There is concern that broader sectoral tariffs could hurt demand for Singaporean products, including semiconductors, consumer electronics and pharmaceutical goods, which the central bank said accounts for about 40% of exports to the United States.
U.S. President Donald Trump sent letters to 22 countries this week, including its allies Japan and South Korea, notifying them of tariffs of 20% to 50% that will kick in from August 1.
https://www.reuters.com/world/asia-pacif...025-07-10/
You've got friendly neighbours? Grow Up! - 李光耀 2013
