[Post 748] Why Everyday Singaporeans Should Care About US Tariffs (& How It Might Affect You) | Talking Point

Summary

In April 2nd, US President Donald Trump shook global markets with a surprise move: sweeping reciprocal tariffs. Even close allies like Singapore were hit with a baseline 10% tariff — despite a long-standing Free Trade Agreement. 

Just days later, the U.S. announced a 90-day pause on the higher tariffs. While this temporary stand-down has eased tensions, the clock is ticking: the pause is set to expire in a month. What happens next is unclear — but the uncertainty is already raising concerns about the future of global trade and whether steeper tariffs could make a full return.

In this episode of Talking Point, host Diana Ser breaks down what tariffs really are — and why they matter. From the price of everyday goods to jobs and the broader economy, we unpack how U.S. tariffs could affect all of us here in Singapore.