Trump tariffs: Singapore to form task force to help businesses and workers, says PM Wong

Quick Summary:

The measures announced in Budget 2025 will provide support for any short-term strain on businesses and workers, and the government stands ready to do more if necessary, says the prime minister.

Describing the global situation as “fluid”, Mr Wong said in a ministerial statement in parliament that the task force will help businesses and workers address immediate uncertainties, strengthen resilience and adapt to a new economic landscape.

Prime Minister Lawrence Wong delivering a ministerial statement on the implications of the United States' tariffs on Apr 8, 2025.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeChinaMalaysiaUnited States

Topics: Singapore Prime Economic Minister Tariffs Announced Global Trade Countries Businesses Wong

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 13:32:59 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1380 words

Reading Time: 8 minutes read

Sentences: 55 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27709567

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 5 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions