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Lee Hsien Loong: We will not respond with tariffs of our own

Started by Magical Fingertip, Apr 03, 2025, 08:27 PM

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Magical Fingertip

 The Ministry of Trade & Industry is reassessing Singapore's growth forecast for this year. Our growth will be hurt, though it is too early to tell by how much. Singaporeans and businesses should be psychologically prepared for rough weather ahead.

For now, Budget 2025 measures provide adequate support. PM Lawrence Wong and his team will continue to monitor developments closely, and stand ready to intervene to help households and businesses if necessary. – LHL
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Suntan

Our leaders imposed tariffs on own citizens 9% not on others.
Trump imposed on other countries not on own people :s12:
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Magical Fingertip

Quote from: Suntan on Apr 03, 2025, 09:07 PMOur leaders imposed tariffs on own citizens 9% not on others.
Trump imposed on other countries not on own people :s12:

after ge here tax there tax will recoup liao
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Mummy1234

What is Trump doing with all his tariffs? Can someone explain to me?
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Magical Fingertip

Quote from: Mummy1234 on Apr 03, 2025, 09:16 PMWhat is Trump doing with all his tariffs? Can someone explain to me?

trump feels countries has been taking advantage of America all the while and the past presidents didn't care.
countries have been imposing tariffs on America. he wants to level the playing field to make America great again
he wants to bring jobs ashore back to Americans.
the national debt is increasing and he wants to reduce it

Mummy1234

Hmm, it may be a net positive for Sg as we have the lowest tariffs.

Companies are already looking to relocating here to escape their countries' high tariffs.
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Suntan

Quote from: Magical Fingertip on Apr 03, 2025, 09:45 PMtrump feels countries has been taking advantage of America all the while and the past presidents didn't care.
countries have been imposing tariffs on America. he wants to level the playing field to make America great again
he wants to bring jobs ashore back to Americans.
the national debt is increasing and he wants to reduce it

On top of it, he wants to have national security as China being helped by developed countries is getting farnie & Xi is too egoistic wanting to circle Taiwan & SCS. Therefore can't let China be too out of hand especially it can't be a democratic country aligning with communist countries (Russia, NK, Vietnam, Cambodia...Etc)  to try takeover. See how Trump targeting China infiltrated countries.
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Magical Fingertip

Quote from: Suntan on Apr 04, 2025, 12:06 PMOn top of it, he wants to have national security as China being helped by developed countries is getting farnie & Xi is too egoistic wanting to circle Taiwan & SCS. Therefore can't let China be too out of hand especially it can't be a democratic country aligning with communist countries (Russia, NK, Vietnam, Cambodia...Etc)  to try takeover. See how Trump targeting China infiltrated countries.

is always usa vs communism since last time. that's why nato tried expanding east
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Suntan

Quote from: Magical Fingertip on Apr 04, 2025, 01:17 PMis always usa vs communism since last time. that's why nato tried expanding east

And Putin trying to control Eastern Bloc plus eventually going after France & the rest.
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