Breaking: Trump hits Singapore with 10% Tarriffs

[Ye_Rongtian]

Your company no use Microsoft products at all?

How often buy Microsoft products? Beside OS and Office license, nothing. It is once every EOL cycle thing.

 

[The_King]

my guess is SG do nothing

 

[congster2]

Trump has effectively null our FTA with USA with the new tariff implementation.

Yeah he basically tossed it in the bin.

 

[Quala98]

Just get PAP to buy more F35 and invest more in USA, especially red states

California can leave it to rot... They voted for it


Sent from satki Android device

 

[ZhuMingQiang]

Impose 10+5% tariffs on US goods?

Maybe to import in lesser Made In USA products?

Relying & introducing more Made In Singapore products.

 

[berger]

dont let US navy ships into our port!!!!!!!!!!!!!!!

 

[mosmos]

Impose 10+5% tariffs on US goods?

Chiu look at cigarettes, alcohol, crude oil and cars imported from USA, sg charge how many tariff

But USA never impose 100% tariff on sg made products

 

[ceestudent]

This TS has been stirring non stop since morning.

Should be immature young punk try to stir ****.
Responsible adult will not retaliate and do anything to make the situation worse.

 

[muji4832]

We do export quite abit of things to US (US$44.92 Billion during 2023)

How do you pass a US tariff on Singaproe customers? The tariff is only imposed on goods sold to US, not to goods from US.

In fact, TS's title is misleading. The firms are passing on the cost of tariffs to the US customers. That's not a problem for us here, except to the extent that demand from US will fall.

 

[Aion99]

Basically trump's tariff is targeting those countries that heavily rely on USA consumers. China, Vietnam for eh will kena jiatlat. They have many manufacturing factories supplying shoes, clothes and etc to USA. Now with this tariff, Nike and iPhone for eg will be forced back to open factories in USA. While Asia economy may shrink

Even with production costs and workers' salaries being 10 times higher than in China or Vietnam, the production efficiency of U.S. factories will not be able to match that of factories in Vietnam or China. So nobody will move their factory. Instead, they will simply increase the prices of iPhones and Nike products, passing the tariffs on to U.S. consumers. Expect hyperinflation to hit the U.S.

 

[wongminmin]

100% tax on
-tesla
-lockheed martin/boeing

Alternative, we monitoring other countries retaliation. Let's see EU @_@

 

[Akky85]

He has been proven to be correct on this.
We are not on the hit list .
Every country gets tariffs. Minimum is 10%. We kena 10%
That is NOT being on hit list

That remind me of '' polling station inside circumference is not considered within 200M'' BS.

 

[boredom2012]

Uneducated or troll response

Another possibility could be a misinterpretation of Singapore's 9% Goods and Services Tax (GST), a domestic consumption tax applied to all goods, including U.S. imports. Some U.S. policymakers might view this as a de facto tariff, though it’s not a customs duty and applies equally to Singaporean goods. Posts on X have speculated that a 10% tariff on Singapore might be linked to this, but there’s no official evidence as of now to confirm such a move. Historically, Singapore’s lack of tariffs on U.S. goods and the FTA make it an unlikely target for direct tariffs.

I dare Vivian or gan ask USA for the explanation on why tariff was imposed on us

 

[Ahemahem]

tok cock nia

 

[aranor]

We do export quite abit of things to US (US$44.92 Billion during 2023)

semiconductors? storage? already not much manufacturing here leh, cannot be eggs or goats milk

 

[menthol28]

The Asian countries that will be badly affected will be those that heavily rely on exporting cheap goods to USA, the few what I can think of is China, Vietnam, India.... And also consumers in USA will have less choices for products because if it's too expensive, companies in USA will not import and choose to find alternative goods, like locally produced or manufactured in USA. End up consumers in USA are being forced to pay more compared to past 20yrs they keep buying cheap china products. iPhone, Nike and those American brands that rely on factories in Asia will raise their price

 

[dontwastetime]

Impose 10+5% tariffs on US goods?

impose 11% GST immediately !

Print vouchers to appease brainless sporeans!

THEY WILL LIKE IT !​

 

[hjx]

just dun buy US products la, so hard meh

 

[final1]

Even with production costs and workers' salaries being 10 times higher than in China or Vietnam, the production efficiency of U.S. factories will not be able to match that of factories in Vietnam or China. So nobody will move their factory. Instead, they will simply increase the prices of iPhones and Nike products, passing the tariffs on to U.S. consumers. Expect hyperinflation to hit the U.S.

Oh i bet you will be wrong on this.

 

[ctstalin]

You don't know what you are talking about and anyhow bomb thread title

How do you pass a US tariff on Singaproe customers? The tariff is only imposed on goods sold to US, not to goods from US.

In fact, TS's title is misleading. The firms are passing on the cost of tariffs to the US customers. That's not a problem for us here, except to the extent that demand from US will fall.

This TS has been stirring non stop since morning.

First para of the article reads:

Nearly half of companies in Singapore (45 per cent) plan to pass on the increased costs from the new US tariffs to their customers, a flash survey by the American Chamber of Commerce (AmCham) in Singapore has found.

It would mean that some companies exporting to USA will not be absorbing the 10% tariffs and will mark up their export price accordingly.

But TS would sensationalise and mislead by having the bombastic thread title

Siao Liao! Nearly half of companies in Singapore (45 per cent) plan to pass on the increased costs from the new US tariffs to their a customers in SG​

when the content of the article make no such mention at all.

See...I'm not the only one thinking TS anyhow bomb