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Asian Trade War is the liquid of the Amid Trade War Union, Singapore Prime Minister said


Deputy Prime Minister of Singapore, Deputy Prime Minister, on January 21, 2025 in the World Economic Forum in Davos, Switzerland (WEF).

Stefan Wermuth | Bloomberg | Getty pictures

According to Singapore Deputy Prime Minister Gan Kim Yong, Asia, despite increasing global trade tensions, will remain as “fluid for growth opportunities”.

“Although one of our Asian is not directly affected, the impact of rising tariffs and trade wars can slow down the chains, trade and investment flows and increase the growth of the global economy,” Gan, Wednesday

He added that “many of our ancestry President Donald Trump in Asia got acquainted with the tariffs in the United States.

Gan’s speech comes after the US Increased tariffs then returned the course Canadian steel and aluminum exports on Wednesday, then Conversion of Ontario’s mutual energy tariffs Today in the United States.

The Deputy Prime Minister said that Asia is a “good reason” to be a “good reason”, and the Asia’s economy is expanding about 50% of the world to about 50% of GDP to about 60%.

Southeast Asia, where Singapore is located, said that until 2030, the world’s fourth largest economy was projected.

Speaking to CNBC last monthThe deputy prime minister said the US direct impact of the US tariffs in Singapore would probably be “limited” for the United States.

In 2024, there was a trade surplus of Singapore $ 2.8 billion in the United States.

Supply chains and trade samples will slide, because companies said they can slow “more friction and greater value” for evaluating places for the production base.

Singapore’s economy ended in 2024 in 2024 the fastest growth in 2024, the fastest growth of the fastest growth since 2024.

Last year, the sharp returns this year this year this year, one of the most factaneous economies in the region, three times the traders are sensitive to the increase in GDP accounting and protectionism.

This is a developing story. Please update updates.



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