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Singapore still subject to 10% baseline tariff, DPM Gan to visit US later this month for talks

Singapore still subject to 10% baseline tariff, DPM Gan to visit US later this month for talks

CNA10-07-2025
Singapore remains subject to a 10% baseline tariff, even as US President Donald Trump imposes steeper levies on other countries. Deputy Prime Minister Gan Kim Yong revealed that talks with Washington are ongoing, particularly over pharmaceutical trade. He added that tariffs are here to stay, and Singapore must be prepared for a longer period of uncertainty. Mr Gan also announced plans to visit the US this month. Nadirah Zaidi reports, while Ms Joanne Lin, senior fellow and coordinator at the ASEAN Studies Centre at the ISEAS–Yusof Ishak Institute, shares more about US tariffs on ASEAN member countries.
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Russia welcomes US-brokered Armenia-Azerbaijan deal, warns against foreign meddling
Russia welcomes US-brokered Armenia-Azerbaijan deal, warns against foreign meddling

Straits Times

timean hour ago

  • Straits Times

Russia welcomes US-brokered Armenia-Azerbaijan deal, warns against foreign meddling

Sign up now: Get ST's newsletters delivered to your inbox U.S. President Donald Trump participates in a trilateral signing event with Armenia's Prime Minister Nikol Pashinyan and Azerbaijan's President Ilham Aliyev, at the White House, in Washington, D.C., August 8, 2025. REUTERS/Kevin Lamarque/File Photo MOSCOW - Russia on Saturday praised the U.S.-brokered peace accord between Azerbaijan and Armenia, but warned that outside intervention could complicate the situation in the South Caucasus. The agreement, signed on Friday during a meeting with U.S. President Donald Trump, includes exclusive U.S. development rights to a transport corridor through Armenia, linking Azerbaijan to its Nakhchivan exclave bordering Turkey. In its first comments, Russia's Foreign Ministry said Moscow supported efforts to promote stability and prosperity in the region, including the Washington meeting, despite earlier statements from Baku and Yerevan favouring direct talks without mediators. The ministry said that lasting solutions should be developed by regional countries with support from neighbours like Russia, Iran, and Turkey. "The involvement of non-regional players should strengthen the peace agenda, not create new divisions," the ministry said, adding that it hoped to avoid the "unfortunate experience" of Western-led conflict resolution in the Middle East. REUTERS

Trump-backed peace push leaves Azerbaijan and Armenia one step from final accord, top diplomat says
Trump-backed peace push leaves Azerbaijan and Armenia one step from final accord, top diplomat says

Straits Times

timean hour ago

  • Straits Times

Trump-backed peace push leaves Azerbaijan and Armenia one step from final accord, top diplomat says

Sign up now: Get ST's newsletters delivered to your inbox U.S. President Donald Trump, Azerbaijan's President Ilham Aliyev, and Armenia's Prime Minister Nikol Pashinyan pose with their documents during a trilateral signing event at the White House, in Washington, D.C., August 8, 2025. REUTERS/Kevin Lamarque/File Photo A peace push backed by U.S. President Donald Trump leaves Azerbaijan and Armenia just one step from a final peace deal and is a paradigm shift in the strategically important South Caucasus region, a top Azerbaijani diplomat said on Saturday. Trump welcomed Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan in the White House on Friday and witnessed their signing of a joint declaration aimed at drawing a line under their decades-long on-off conflict. 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Iran will not allow Trump-backed corridor linking Azerbaijan to exclave, says Khamenei aide
Iran will not allow Trump-backed corridor linking Azerbaijan to exclave, says Khamenei aide

Straits Times

timean hour ago

  • Straits Times

Iran will not allow Trump-backed corridor linking Azerbaijan to exclave, says Khamenei aide

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