Trump tariffs: Workers’ Party calls for all options to be considered, including dispute settlement channels

The Workers’ Party (WP) expressed disappointment with US tariffs on Singapore and called for bilateral negotiations and all options to be considered in response. The party emphasized the need for a rational approach at both international and domestic levels, including utilizing existing dispute settlement mechanisms and strengthening trade relationships within ASEAN and larger trade blocs. WP also highlighted the opportunity for Singapore firms to benefit from regional competitors hit by higher tariffs and called for stronger social safety nets and protections for workers to support a softening economy.

Full Article