So it make sense though...
Double PR can buy and sell/rent out resale HDB....
Song song gao jurong
Actually, tariffs dun affect our imports. It actually affects our export's competitiveness.....
COL will not get affected by the tariffs....
Actually, once the boundaries are set, the writ will come down within 3.5 months to catch the oppo unaware.
Now, imho a confluence of stuff is gonna make the wait longer if the rumoured july dates are true.
Trump's tariffs will not affect the COL but will affect Singapore's exports competitiveness which will lower the GDP no doubt. The tariffs are fugged up in a way that if the tariffs differential between the US and country A and the total cost of bringing the products to singapore for manufacturing are no different, then country A will not bring their manufacturing to Singapore.
It will only work in our favour if the differential is really massive between the US. However, the differential is not massive lol.....
Tariff dun affect imports FFS bro......
Factors That Could Increase Inflation
Higher Import Costs:Singapore imports a significant portion of its goods, including food, energy, and consumer products, with the U.S. being a notable supplier (though not the largest). The 10% tariff on Singapore’s exports to the U.S. might not directly raise import prices from the U.S., since Singapore imposes no retaliatory tariffs (maintaining zero tariffs on most U.S. goods under the USSFTA, aside from a 9% GST). However, if the U.S. tariffs disrupt global supply chains—particularly for energy or commodities like oil, where the U.S. is a key player—Singapore could face higher costs for these imports.
Tariffs on other countries (e.g., 54% on China, 46% on Vietnam) could raise the cost of goods Singapore re-exports or uses as inputs from those nations, indirectly pushing up prices. For instance, a spike in costs for electronics components or raw materials could filter through to consumers.
Pass-Through from Businesses:
Some Singaporean firms exporting to the U.S. might face squeezed margins due to the 10% tariff. If they pass these costs back into the domestic market or if U.S. firms raise prices on exports to Singapore to offset their own tariff burdens, this could nudge inflation upward. A survey by the American Chamber of Commerce in Singapore (January 2025) indicated that 45% of businesses plan to pass increased costs to customers, which could include Singaporean consumers.Global Commodity Price Pressures:A broader trade war sparked by Trump’s policies could disrupt commodity markets. For example, if retaliatory tariffs from Canada or Mexico affect U.S. energy exports, or if China’s economic slowdown reduces global supply, prices for oil, food, and metals—key imports for Singapore—might rise. Singapore’s consumer price index (CPI) is sensitive to such shifts, given its reliance on imported essentials.