Singapore PM says little comfort from U.S. tariff postponement

reuters
reuters

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.

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