Lawrence Wong, Pritam Singh rally Singaporeans amid Trump's tariffs: Singapore live news
Hello to all our readers, Yahoo Singapore will be bringing you live news updates today. The editorial team will be curating the latest must-know local and international news.
First off, In response to US President Donald Trump's sweeping tariffs, Singapore's leaders are calling for national unity as the country braces for economic disruptions. Prime Minister Lawrence Wong warned of potential global trade tensions while urging Singaporeans to stay vigilant and resilient. Leader of the Opposition and Workers' Party chief Pritam Singh echoed Wong's message, emphasising the need for collective action and solidarity. As Trump's tariffs on Singapore and other nations could escalate tensions, Southeast Asian leaders are also taking varied approaches, with Malaysia focusing on economic strength, Vietnam seeking tariff delays, and Indonesia pursuing diplomatic solutions. The future remains uncertain, but Singapore's unity and adaptability remain its strongest assets.
Read more in our live blog below, including the latest local and international news and updates.
In the wake of President Donald Trump's recent tariff announcement, which impacts Singapore and other trade-dependent nations, Singaporean leaders are urging national unity and resilience.
Prime Minister Lawrence Wong emphasised the importance of solidarity as the country faces an unpredictable economic future in a video posted on Facebook Friday (4 April).
Leader of the Opposition and Workers' Party chief Pritam Singh echoed these sentiments, underscoring the necessity of a unified response to global uncertainties.
Responding to the ongoing global trade tensions, Pritam expressed support for Wong's call for a united society.
Singh stressed the importance of unity amid the volatility induced by Trump's tariff policy in a Facebook post.
'Unity in diversity is Singapore's best response to an unknown future,' Singh wrote, reinforcing the need for a cooperative approach despite political differences.
He also reiterated the Workers' Party's commitment to a rational opposition that remains loyal to Singapore's interests.
Trump's decision to impose a baseline 10 per cent tariff on Singapore, along with higher tariffs for other countries like China, has sent ripples across Southeast Asia.
In response, Wong warned of the possibility of a global trade war, urging Singaporeans to prepare for further shocks.
He acknowledged the heightened risks and the need to adjust to a new economic landscape.
With Singapore's trade-dependent economy, these tariffs are expected to weigh heavily on growth projections and could prompt further adjustments by the Monetary Authority of Singapore (MAS).
Across Southeast Asia, countries are adjusting to the broader implications of Trump's trade policy.
While Singapore braces for the economic consequences, neighbouring countries are taking varying approaches.
Malaysia, despite the tariffs, reassures its citizens that the country's economic fundamentals are strong enough to avoid a recession.
Meanwhile, Indonesia has opted for diplomacy over retaliation, seeking to maintain stable trade relations with the US
Vietnam, on the other hand, is negotiating with the US to delay tariffs that would severely impact its economy.
In the wake of President Donald Trump's recent tariff announcement, which impacts Singapore and other trade-dependent nations, Singaporean leaders are urging national unity and resilience.
Prime Minister Lawrence Wong emphasised the importance of solidarity as the country faces an unpredictable economic future in a video posted on Facebook Friday (4 April).
Leader of the Opposition and Workers' Party chief Pritam Singh echoed these sentiments, underscoring the necessity of a unified response to global uncertainties.
Responding to the ongoing global trade tensions, Pritam expressed support for Wong's call for a united society.
Singh stressed the importance of unity amid the volatility induced by Trump's tariff policy in a Facebook post.
'Unity in diversity is Singapore's best response to an unknown future,' Singh wrote, reinforcing the need for a cooperative approach despite political differences.
He also reiterated the Workers' Party's commitment to a rational opposition that remains loyal to Singapore's interests.
Trump's decision to impose a baseline 10 per cent tariff on Singapore, along with higher tariffs for other countries like China, has sent ripples across Southeast Asia.
In response, Wong warned of the possibility of a global trade war, urging Singaporeans to prepare for further shocks.
He acknowledged the heightened risks and the need to adjust to a new economic landscape.
With Singapore's trade-dependent economy, these tariffs are expected to weigh heavily on growth projections and could prompt further adjustments by the Monetary Authority of Singapore (MAS).
Across Southeast Asia, countries are adjusting to the broader implications of Trump's trade policy.
While Singapore braces for the economic consequences, neighbouring countries are taking varying approaches.
Malaysia, despite the tariffs, reassures its citizens that the country's economic fundamentals are strong enough to avoid a recession.
Meanwhile, Indonesia has opted for diplomacy over retaliation, seeking to maintain stable trade relations with the US
Vietnam, on the other hand, is negotiating with the US to delay tariffs that would severely impact its economy.
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