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Tariffs

A year after ‘Liberation Day’, Trump sets new drug tariffs, adjusts metals duties

US President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House on April 2, 2025.
US President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House on April 2, 2025.

Trump cuts US duty rates on steel, aluminium and copper derivative products

A finished steel coil is secured by a worker at a US steel mill in Farrell, Pennsylvania.
A finished steel coil is secured by a worker at a US steel mill in Farrell, Pennsylvania.

Electricity, gas tariffs to go up from April to June; sharper increases expected later in 2026: EMA

n average 4-room HDB household may see a $2.36 drop in its monthly electricity bill before GST, for example.
n average 4-room HDB household may see a $2.36 drop in its monthly electricity bill before GST, for example.

US menus change as Trump’s tariffs hit wine prices 

The tariff rate for many European goods was set at 15 per cent last August under a US-EU trade deal.
The tariff rate for many European goods was set at 15 per cent last August under a US-EU trade deal.

WTO talks end in deadlock after Brazil blocks deal on e-commerce duties

In what is seen as a test for the WTO’s relevance, ministers are stuck on extending the moratorium following objections from Brazil.
In what is seen as a test for the WTO’s relevance, ministers are stuck on extending the moratorium following objections from Brazil.

Singapore seeks deeper ties with Germany to boost trade between ASEAN and EU: Gan Kim Yong

DPM Gan said beyond strengthening bilateral ties, Singapore and Germany can also cooperate on promoting multilateral relations between the European Union and Asean regions.
DPM Gan said beyond strengthening bilateral ties, Singapore and Germany can also cooperate on promoting multilateral relations between the European Union and Asean regions.

Australia and EU seal trade deal, seek to cut reliance on China for critical minerals

FILE PHOTO: European Commission President Ursula von der Leyen and Australian Prime Minister Anthony Albanese attend a meeting of the North Atlantic Council during a NATO leaders summit in Vilnius, Lithuania July 12, 2023. REUTERS/Ints Kalnins/File Photo
FILE PHOTO: European Commission President Ursula von der Leyen and Australian Prime Minister Anthony Albanese attend a meeting of the North Atlantic Council during a NATO leaders summit in Vilnius, Lithuania July 12, 2023. REUTERS/Ints Kalnins/File Photo

South Korea’s early exports show resilience despite Iran turmoil

At the same time, risks to the outlook are growing. A surge in oil prices is raising raw materials costs, while supply disruptions are adding pressure on trade flows.
At the same time, risks to the outlook are growing. A surge in oil prices is raising raw materials costs, while supply disruptions are adding pressure on trade flows.

Lululemon forecasts softer 2026 amid demand strains, expects to offset tariff hit

Lululemon known for its pricey leggings and athleisure clothing, has been grappling with a lack of design freshness, softer customer spending and competition from larger rivals such as Nike and upstarts, including Alo Yoga and Vuori. REUTERS/Andrew Kelly/File Photo
Lululemon known for its pricey leggings and athleisure clothing, has been grappling with a lack of design freshness, softer customer spending and competition from larger rivals such as Nike and upstarts, including Alo Yoga and Vuori. REUTERS/Andrew Kelly/File Photo

Singapore key export growth slows in February ahead of Iran war fallout, threat of higher US tariffs

Electronics shipments continued to see strong growth. In February alone, electronics exports jumped 43.2 per cent from a year earlier.
Electronics shipments continued to see strong growth. In February alone, electronics exports jumped 43.2 per cent from a year earlier.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.