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Full Version: GKY : S'pore companies are struggling with cashflow and tariffs
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Trump wants to remove the OPEN Floodgates to create jobs for their Americans

So, we need to lower our export price by 9% - 10%

to offset the cost difference due to Tariffs paid by American importing companies

ie currency devaluation, reduce water & electricity cost, lower the rental cost, lower the salary of FTs by 30%
(basically reverse what PAP had done for the past 5 years)




. . . . .or just allow market forces to reflect lesser profits in Companies P&L, lor




.
On hindsight they should not have increase cost for these companies by raising GST twice.
Having a Task Force Man as DPM for what?

He should be voted out and get Tharman in, lah.
https://www.channelnewsasia.com/singapor...on-5134461
Singapore and US to discuss preferential or 'zero' tariffs on pharmaceutical exports, says DPM Gan

not sure if any impact

reuters.com › business › healthcare-pharmaceuticals › trump-says-he-will-cut-drug-prices-by-59-2025-05-12
Trump executive order demands pharma industry price cuts - Reuters

5 days ago ... U.S. President Donald Trump signed a wide-reaching executive order on Monday directing drugmakers to lower the prices of their medicines to ...