14-04-2025, 03:48 PM
Singapore cuts 2025 GDP forecast to 0–2% amid US tariffs and global trade tensions
Singapore has revised its 2025 GDP growth forecast to between 0 and 2 per cent due to US tariffs and global economic headwinds. The Ministry of Trade and Industry cited President Donald Trump's new trade policies as a major factor dampening external demand and domestic sentiment.
https://www.theonlinecitizen.com/2025/04...-tensions/
Singapore has revised its 2025 GDP growth forecast to between 0 and 2 per cent due to US tariffs and global economic headwinds. The Ministry of Trade and Industry cited President Donald Trump's new trade policies as a major factor dampening external demand and domestic sentiment.
https://www.theonlinecitizen.com/2025/04...-tensions/