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The Hot Seat: Could Trump's tariffs turn out to be beneficial for Singapore?
US President Donald Trump disrupted the global economic order with sweeping tariffs, sparking the possibility of a global trade war, soaring prices, and a devastating blow to global economic growth. To the surprise of many, Singapore was handed down a tariff of 10%, despite being a long-term ally. Still, some believe that there are silver linings to be found within these dark clouds. Could Singapore turn this crisis into an opportunity to become a new safe haven for multinationals fleeing an unstable world? Or will the tariffs expose the vulnerabilities of our small, open economy? On The Hot…
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