Breaking: Trump hits Singapore with 10% Tarriffs

[Whimsica]

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.

 

[Whimsica]

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.

Saw your post right after posting mine

 

[nasilemak100]

 

[Tiny Shrimp]

Should be cheaper right... Since goods no place to go... We can buy cheaply? No.

yalor, US shun cheap china goods, cheap china goods flow to ASEAN liao...
thats why i wonder what i m missing...

 

[Jo13jo]

Import more US Goods.
Invite Trump Shu Shu to SG for more bilateral talks. Threat him eat GL Musang King durian.
Rally all white IBs to go to Trump Shu shu’s X account to give liked.

以德報怨

 

[Kiwi8]

Impose 10+5% tariffs on US goods?

Retaliate, not reiterate.

 

[rockerex]

What u mean reiterate like repeat over and over??

 

[hardindex]

Recall Lui tuck yew and question him in parliament first

 

[Godeau]

Retaliate or reiterate?

 

[mospeado]

USA huat ah !

 

[evildoer]

i thought trump said they are going to impose more tariffs for country that buy russian oil ? read somewhere we are still buying from putin right ?

 

[menthol28]

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

 

[boredom2012]

Why fight back? It is pap who bring this to themselves. Impose gst. We should be grateful for USA to make pap abolish gst. This will bring down our cost

 

[cyke69sg]

sg stocks are stable and safe, don’t dip as much as US stocks

Safe haven. Investors will be buying SG blue chip stocks.

 

[Whimsica]

We already have 9% GST on imports and high duties on cars, tobacco products and alcohol.

THEY are retaliating.

 

[RinoaX]

Doesn't make sense to retaliate.

 

[saltydog]

only noe lightning keeps imposing tariffs on their own peepur

 

[The_King]

yea,

muhahaha to sg

 

[Justanewbie]

Why fight back? It is pap who bring this to themselves. Impose gst. We should be grateful for USA to make pap abolish gst. This will bring down our cost

Uneducated or troll response

 

[menthol28]

What can we do as consumer....suck thumb lor or dun buy lor ...haiz

The tariff by trump affects consumers in USA, it's only imposed on goods importing into USA.
We will be affected in the long run if the entire Asia manufacturing comes to a grinding halt