6.3K views · 68 reactions | Singapore, as a small and open economy, depends on the global economy to grow and develop. Once global investments slow down due to slowing production by affected countries, this would lead to a global economic slowdown, which would affect Singapore's economy in the medium to long term. Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, delivered his statement on US tariffs to the media on 3 April 2025. | gov.sg | Facebook