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This could trigger reciprocal tariffs from other countries, Vivian Balakrishnan said during a fireside chat at the Aspen Security Forum in Colorado.
The rise beat a Reuters poll forecast for 5 per cent annual growth, and followed a revised 3.9 per cent fall in May.
Global trade risks becoming a “bilateral arm-wrestling match” following President Donald Trump’s approach of slapping tariffs on its partners, according to Singapore’s Foreign Minister Vivian ...
Some analysts see that frontloading could dampen growth in the second half, compounded by potential drag from US reciprocal tariffs.
Singapore’s non-oil domestic exports rose 13.0 per cent in June from the same month a year earlier, government data showed ...
Poor deals will have long-term repercussions on Malaysia, and that is why Putrajaya has several principles when it negotiates ...
Singapore’s Senior Minister Lee Hsien Loong issued a pointed criticism of US trade policy, stating that the 'best framework ...