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Singapore Warns of Tariff Impact on Pharma Exports

9/29/2025

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Story summary
  • Singapore's Deputy Prime Minister Gan Kim Yong warned that Trump's 100% tariffs on pharmaceuticals could shift investment patterns away from Singapore.
  • Pharmaceutical exports to the U.S. total $4 billion, representing 13% of Singapore's domestic exports to the U.S.
  • The government is clarifying tariff-exemption eligibility for U.S. manufacturing investments.
  • Singapore seeks a tariff cap like U.S. deals with Japan and EU.