US trade policy

Workers on the production line for smartphones at the Oppo factory in Dongguan, China, Feb 27, 2026.

US urges WTO members to rethink core tariff rule in face of China threat

USTR has already rejected one proposal for reforming the WTO

The withdrawal of the latest planned rule likely reflects differing views within the Trump administration on how to achieve global AI supremacy and address national security concerns., said a former official on Friday.

US Commerce Department withdraws planned rule on AI chip exports

[NEW YORK] The US Commerce Department withdrew a planned rule on artificial intelligence (AI) chip exports on Friday (Mar 13), the latest backpedalling by the Trump administration in its efforts to pr...

China was named as one of the trading partners targeted by the US when it unveiled on Wednesday investigations into excess industrial capacity and forced labour.

China slams US trade probe ahead of Paris talks

China is conducting an assessment of the probes

The pledges are part of the Trump administration’s 2026 Trade Policy Agenda, issued over a week after the Supreme Court struck down President Donald Trump’s tariffs.

USTR to seek more foreign tariff cuts, USMCA improvements, China balance in 2026

[WASHINGTON] The US Trade Representative’s office said on Monday it will seek further reductions in foreign tariffs and non-tariff barriers this year, enforce its “reciprocal” trade deals and consider...

DPM Gan notes that the government is monitoring the situation closely and will engage its US counterparts to seek clarity on the implementation of the new Section 122 tariffs.

Singapore watching developments, could introduce support measures as Trump’s 15% tariff threat raises uncertainty: DPM Gan

Opportunities for Singapore to do business with US still exist even if tariffs are applied

Trump has said the de minimis exemption enabled deadly synthetic opioids, such as fentanyl, and their ingredients to flow into the US.

Trump doubles down on closing tax loophole for cheap imports

The exemption was shut down in 2025, in part, on the same legal grounds as the tariffs that the Supreme Court has invalidated

Above: A container ship at the Port of Seattle. Trade data was notably volatile in 2025 on a month-to-month basis, as US importers reacted to a persistent drumbeat of tariff announcements from US President Donald Trump.

US trade deficit widens, capping one of biggest since 1960

It has expanded to US$70.3 billion in December, culminating in US$901.5 billion for the full year

Aside from Singapore, other economies on the watch list are China, Japan, South Korea, Taiwan, Vietnam, Germany, Ireland, Switzerland and Thailand.

Singapore, Vietnam remain on US Treasury’s currency watch list; Thailand added

Report classifies city-state as an outlier as it is the only nation on the list running a bilateral trade deficit with America