Singapore’s Prime Minister warned that delayed U.S. tariffs still fuel global business uncertainty and hinder long-term investment planning.
Singapore Prime Minister Lawrence Wong stated on Wednesday that the U.S. decision to delay most of its proposed "reciprocal" tariffs offers little reassurance, as the adjustments have already caused significant uncertainty.
“Tariff rates remain much higher than before, and the recent changes have already disrupted business confidence globally,” Wong said during a lecture.
“No company can plan long-term investments with ease when tariff rates are subject to sudden changes,” he added.
Read next
19:30
Energy Tensions
Russia’s defense ministry has accused Ukraine of carrying out four separate attacks on its energy facilities within a 24-hour period, alleging violations of a U.S.-brokered moratorium aimed at preventing strikes on each other’s critical energy infrastructure.
18:30
Sporting Celebration
Sporting legends, rising stars, and international guests gathered in Madrid for the 24th Laureus World Sports Awards, where the global sporting community came together to celebrate a year of exceptional achievements, inspiring moments, and the unifying power of sport.
17:30
Court Proceedings
South Korea’s former President Yoon Suk Yeol, who was ousted from office, appeared at the Seoul Central District Court on Tuesday to attend the second hearing in his ongoing criminal trial, where he faces serious charges of insurrection.
17:00
Deadly Strikes
A U.S. airstrike on Yemen’s Ras Isa oil port has killed at least 74 people and injured 171 others, marking the deadliest known attack in President Trump’s renewed campaign against Houthi rebels and raising alarm over the widening scope of the conflict.
16:30
Nuclear Deals
Iranian Foreign Minister Abbas Araqchi has signaled that a nuclear agreement with the United States remains within reach, provided Washington adopts a realistic and constructive approach ahead of the second round of negotiations with the Trump administration.
What is your opinion on this topic?
Leave the first comment