Singapore Key Exports Slip In July As US Shipments Tumble 42.7%

Singapore’s non-oil domestic exports slipped 4.6 per cent in July from a year earlier, government data showed on Monday, as shipments to the United States plunged by more than 40 per cent.

South-East Asia’s second-largest economy is heavily reliant on international trade.

It is vulnerable to any global slowdown induced by the tariffs — even if Singapore only faces a baseline 10 per cent…