Foreign Affairs Minister Vivian Balakrishnan said on Thursday that Singapore had told the US it has “no technical or economic basis” for imposing tariffs on it.
“I made a point quite categorically that the US has a surplus, a trade surplus against us. In fact, it is growing,” Dr Balakrishnan said after meeting US Secretary of State Marco Rubio on the sidelines of the 59th Association of Southeast Asian Nations (ASEAN) Foreign Ministers’ Meeting.
“Nevertheless, you know as well as I do that the American administration, for its own domestic political reasons, needs to raise tariff revenue,” he said.
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