SINGAPORE -- Singapore is expected to downgrade its 2025 economic growth forecast in response to sweeping new U.S. tariffs that threaten to upend the global trading system, Prime Minister Lawrence Wong warned Tuesday.
City-state's leader warns U.S. duties threaten to upend international trade
A view of the central business district in Singapore, on April 8: The city-state's open economy is highly dependent on international trade. © Reuters
SINGAPORE -- Singapore is expected to downgrade its 2025 economic growth forecast in response to sweeping new U.S. tariffs that threaten to upend the global trading system, Prime Minister Lawrence Wong warned Tuesday.