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The industries most likely to be affected are electronics, chemicals, and shipping and marine transportation.
This chart from OCBC Treasury Research & Strategy shows Singapore's top exports to the United States. Machinery and transport equipment (32.4%), chemicals and related products (30.3%), miscellaneous manufactured goods (16.5%), merchandise and transactions (14.7%), electrical machinery (7.7%), office machinery (5%)
Singapore's other exports to the United States include fuels, lubricants and related equipment (3.9%), telecommunications and sound (1.8%), manufactures (1%) and non-edible raw materials.
"Some products are directly affected by US tariffs: solar cells and modules, washing machines, steel and aluminum," said the OCBC in a report. "In addition, these products represent a modest 0.1% of Singapore's exports."
"In addition, companies that produce intermediate goods used in the production of Chinese exports to the United States could experience a decline in demand. "
The Singapore industries most likely to be affected are the electronics, chemicals and marine and marine industry." For non-manufacturing sectors such as finance, Increased market volatility can lead to capital flows and flight to quality, "said OCBC
which is dependent on commercial and manufacturing activities, she adds.
The first installment of US duties with effect from July 6 applies to 818 Chinese goods with a total value of US $ 34 billion, while the second segment, which includes 284 goods representing about 16 billion US dollars of Chinese imports, will come later and will be the subject of additional public comment.
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