On 8 April 2025, Prime Minister Lawrence Wong announced that the Government would set up a Taskforce chaired by Deputy Prime Minister (DPM) and Minister for Trade and Industry Gan Kim Yong, to help businesses and workers navigate the immediate uncertainties arising from the US tariffs and related global developments, strengthen our resilience, and position Singapore to thrive in the new economic landscape.

Please click here for the full press release.

JOINTLY ISSUED BY MINISTRY OF TRADE AND INDUSTRY, SINGAPORE BUSINESS FEDERATION, NATIONAL TRADES UNION CONGRESS AND SINGAPORE NATIONAL EMPLOYERS FEDERATION

16 APRIL 2025