SINGAPORE, Feb 22 — The Singapore government said it will consult with its United States (US) counterparts to seek clarification on the implementation of the newly announced 15 per cent tariff on all goods entering the country, local media reported.
The republic will also request further details on the process for potential tariff refunds after the US Supreme Court recently rejected US President Donald Trump’s authority to impose tariffs under a 1977 economic emergency powers law, according to The Straits Times (ST).
“The Singapore government is monitoring the situation closely and will engage our US counterparts to seek clarity on the implementation of the new Section 122 tariffs and processes for tariff refunds,” the spokesperson of Ministry of Trade of Industry said on Sunday.
