Singapore's pharmaceutical companies are anxious about new U.S. tariffs on branded drugs. Deputy PM Gan Kim Yong seeks clarity on tariff exemptions as firms plan U.S. expansions. Can they remain competitive?
In a bold move, President Trump announced a new wave of tariffs, including 100% on branded drugs and 25% on heavy-duty trucks, set to take effect next week. This decision raises questions about its impact on the economy and global trade relations.
