Summary: A flash survey by the American Chamber of Commerce in Singapore found that nearly half of companies plan to pass on increased costs from new US tariffs to customers. Other firms plan to diversify supply chains or seize market share opportunities. The survey, conducted before the White House announced reciprocal tariffs on trading partners, revealed that over two-thirds of respondents are most concerned about potential reciprocal tariffs.

Link: https://www.straitstimes.com/business/companies-markets/new-us-tariffs-likely-to-hurt-firms-in-singapore-nearly-half-say-they-will-pass-on-costs-survey