US-China tariff rollback: marginal gains for Singapore amid lingering uncertainty
Any benefits to Singapore’s economy are likely to be limited and short-lived, say economists
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[SINGAPORE] A temporary rollback in US-China tariffs has buoyed global markets and near-term sentiment, but economists expect any benefits to Singapore’s economy to be limited and short-lived.
Structural uncertainties still cloud the outlook, and some damage has already been done, they noted.
Said Moody’s Analytics economist Heron Lim: “Singapore might see a small boost, but it will not be substantial.”
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